M&A Deal Summary

Armis Acquires CTCI

On February 14, 2024, Armis acquired information technology company CTCI

Acquisition Highlights
  • This is Armis’ 1st transaction in the Information Technology sector.
  • This is Armis’ 1st transaction in the United States.
  • This is Armis’ 1st transaction in Oregon.

M&A Deal Summary

Date 2024-02-14
Target CTCI
Sector Information Technology
Buyer(s) Armis
Deal Type Add-on Acquisition

Target

CTCI

Beaverton, Oregon, United States
CTCI provides AI-powered pre-attack threat-hunting technology. CTCI was founded in 2021 and is based in Beaverton, Oregon.

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Buyer(S) 1

Buyer

Armis

San Francisco, California, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Armis is a provider of enterprise IoT security services. Armis discovers devices on and off the network, continuously analyzes endpoint behavior to identify risks and attacks, and protects critical information and systems by identifying suspicious or malicious devices and quarantining them. Armis was established in 2015 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1