Tag: Armis takeover

Insight Partners completes acquisition of Armis for $1.1 bn

Armis, the leading enterprise IoT security company, announced that Insight has completed its venture acquisition of the company, which was announced on January 6, 2020, at a valuation of $1.1 billion, with participation from CapitalG for $100 million and rollover from certain existing stockholders. Armis will continue to operate independently and will be fully managed…