Armis buys Otorio for $120M to beef up cybersecurity in physical spaces

image via TechCrunch

March 6, 2025, 4:15 PM

• •Armis, a $4.2 billion specialist in cyber exposure management, is acquiring Otorio, a specialist in securing industrial and physical environments.
• •Terms of the deal are not being disclosed, but sources close to the transaction tell TechCrunch that Armis is paying $120 million in cash and shares for Otorio.
• •Otorio’s flagship product is called Titan, and it will be integrated into Armis’ Centrix platform.

Armis, a $4.2 billion specialist in cyber exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments. Otorio's flagship product is called Titan, and it will be integrated into Armis' Centrix platform. Up to now, Armis' main focus has been on cloud services and identifying and managing risks across that attack surface. Otorio's tech will complement Armis' existing capabilities with a focus on an area that is sometimes overlooked — industrial machinery and broader industrial environments.

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