Armis completes acquisition of Silk Security to enhance Armis Centrix™ platform
Apr 17, 2024•over 1 year ago
Acquiring Company
Armis
Acquired Company
Silk Security
Description
Armis, the asset intelligence cybersecurity company, announces the acquisition of Silk Security to integrate its platform for cyber risk prioritization and remediation into the Armis Centrix™ AI based Vulnerability Prioritization and Remediation solution. This acquisition enhances the capabilities of Armis Centrix™ to provide security teams a consolidated view of security findings from all sources of data, and reinforces Armis' strategy of building a comprehensive platform for cyber threat exposure management.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed