Add-on Acquisition • Software

Armis Acquires Otorio

On March 6, 2025, Armis acquired software company Otorio

Acquisition Context
  • This is Armis’ 1st transaction in the Software sector.
  • This is Armis’ 1st transaction in Israel.

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M&A Deal Summary

Date March 6, 2025
Target Otorio
Sector Software
Buyer(s) Armis
Deal Type Add-on Acquisition

Target Company

Otorio

Tel Aviv, Israel
Otorio empowers operational & security teams to proactively manage digital risks and build resilient operations via a technology-enabled ecosystem. Otorio is based in Tel Aviv, Israel.
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Buyer Overview 1

Buyer

Armis

San Francisco, California, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Armis is an enterprise IoT security service provider that 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 Context for Buyer #
Overall 2 of 2
Sector: Software 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Israel 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-14 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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