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Armis seals deal for $150M buyout of Silk Security

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TLDR:

Key Points:

  • Armis acquires Silk Security for $150 million
  • Silk Platform to be integrated into Armis Centrix for enhanced vulnerability prioritization and remediation

Armis, an asset intelligence and cybersecurity company, has completed the acquisition of Silk Security for $150 million. Silk Security, the developer of Silk Platform, brings cyber risk prioritization and remediation capabilities to the table. Following the acquisition, Silk Platform will be integrated into Armis’ AI-powered vulnerability prioritization and remediation product, Armis Centrix. This integration will allow users to have a consolidated view of security findings from various data sources and automate remediation processes.

Yoav Nathaniel, CEO and co-founder of Silk Security, expressed excitement about the acquisition, stating that the integration with Armis will provide an accelerated advantage to customers in exposure management, especially for complex organizations. The move highlights the importance of integrating technologies in the cybersecurity space to provide a comprehensive approach to addressing security challenges.

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