Armis, a leading cyber exposure management firm, is acquiring Otorio, which specializes in securing industrial environments, for $120 million. This acquisition signals a growing trend of consolidation in the cybersecurity sector as firms seek to broaden their capabilities. Otorio's technology, particularly its Titan product, will bolster Armis's existing Centrix platform by addressing vulnerabilities in increasingly connected industrial machinery, an area often overlooked but critical for secure operations. With this integration, Armis aims to enhance security solutions for both industrial and high-security non-industrial environments.
Otorio's flagship product is Titan, and it will be getting integrated into Armis' Centrix platform, expanding its capabilities into securing industrial environments.
Armis focuses on cloud services and risk management, with Otorio's technology addressing the often overlooked vulnerabilities of industrial machinery.
As industries move towards more connected models, previously 'dumb' machinery becomes vulnerable, necessitating enhanced cybersecurity measures for critical infrastructure.
The acquisition will strengthen Armis’s offerings, particularly in air gap environments that require stringent on-premise security solutions.
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