Acquisition History / Armis Security / Otorio
Armis Security Acquires Otorio
Announced March 6, 2025 — $120M
What happened
Otorio is an Israeli OT/CPS security company. Armis acquired it for US$120M, its third acquisition in under a year, as it eyed an IPO.
- Acquirer
- Armis Security
- Target
- Otorio
- Announced
- March 6, 2025
- Price
- $120M
- Industry
- OT / cyber-physical systems security
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Armis Security acquire Otorio?
Armis Security acquired Otorio on March 6, 2025. This was Armis Security's 1st publicly tracked acquisition out of 1 we have on record.
How much did Armis Security pay for Otorio?
Armis Security paid $120M for Otorio.
What does Otorio do?
Otorio is an Israeli OT/CPS security company. Armis acquired it for US$120M, its third acquisition in under a year, as it eyed an IPO.
What other OT / cyber-physical systems security companies has Armis Security acquired?
Otorio is Armis Security's only publicly tracked acquisition in OT / cyber-physical systems security so far.