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Third acquisition in less than 12 months expands core platform offer following customer driven use case requests.
Armis, the cyber exposure management & security company, announced that it has acquired OTORIO, a leading provider of operational technology (OT) and Cyber-Physical Systems (CPS) security.
OTORIO’s Titan platform will be integrated into Armis’ Centrix™ cloud-based cyber exposure management platform to expand Armis’ OT/CPS suite and offer an on-premise CPS solution for organizations or segments of an organization’s environment that are air-gapped or sequestered from online access.
“We are seeing unprecedented demand across all industries, but for some specific verticals, customers require a hybrid environment for complete protection. Through this acquisition, Armis can now offer an on-premises solution for customers that require a fully air-gapped environment for heavy industry and critical infrastructure like energy or utilities,” said Yevgeny Dibrov, CEO and Co-founder, Armis.
“I am excited to welcome the OTORIO team to Armis and leveraging their expertise and deep foundational industry knowledge to support our customers in securing their critical infrastructure,” continued Dibrov. “This new hybrid and on-premise expansion of Armis Centrix™ makes it the most complete platform for any customer looking to secure their operational technology and cyber-physical environments.”
Founded in 2018 by Co-Founders Daniel Bren and Yair Attar, OTORIO has deep domain technical expertise, securing heavy industry and critical infrastructure with customers across the globe in industries like oil and gas, utilities, manufacturing and more. OTORIO specializes in cyber physical, converged and air-gapped environments, providing proactive protection against cyber-attacks. By enhancing its platform with secure remote access (SRA) for full Zero Trust and comprehensive attack path mapping, Armis provides a unified solution tailored to meet the diverse security needs of critical infrastructure, manufacturing, and industrial environments.
“Armis has rapidly become the leading provider of cyber exposure management and has built a best in industry cloud SaaS platform that provides unmatched visibility, security, and risk management to enterprises across all industries,” said Daniel Bren, CEO and Co-Founder of OTORIO. “I am thrilled for our team to be joining Armis at this time and to leverage our deep domain operational context in ICS/CPS environments and help customers achieve complete resiliency and compliant business operations.”
Armis has a strong track record of integrating acquisitions into its Armis Centrix™ platform and turning acquired technologies into significant revenue drivers. With the acquisitions of Silk Security and CTCI, the company has achieved an impressive 2,000 percent increase in related revenues, highlighting its ability to generate value and drive growth as it moves toward an IPO.
This is Armis’ third acquisition in less than 12 months, following the acquisitions of AI security startup CTCI and risk prioritization startup Silk Security—each designed to enhance its product capabilities and expand its reach into new market segments.
Armis, a leader in cyber exposure management, delivers comprehensive security solutions across industries, sectors, and environments. Its platform uniquely addresses cyber exposure from the ground to the cloud. With a $200 million funding round announced in October 2024, Armis continues to accelerate its growth, advancing its vision and roadmap to meet evolving customer needs.