On April 17, 2024, Armis, the asset intelligence cybersecurity company, announced that it has acquired Silk Security, the leading platform for cyber risk prioritization and remediation, for a total of $150 million. Wilson Sonsini Goodrich & Rosati advised Silk Security on the transaction.

Armis will integrate the Silk platform into the Armis Centrix™ AI-based Vulnerability Prioritization and Remediation solution to supercharge its capabilities. The company will now be able to provide security and developer teams with a consolidated view into security findings that encompass all sources of data from locally hosted devices and software to the cloud and beyond, enabling fully managed and automated remediation. The acquisition completes Armis’ strategy of building a comprehensive platform that can see, protect, and manage all assets and devices anywhere in the organization’s digital footprint.

The Wilson Sonsini team that advised Silk Security on the transaction includes:

Corporate/M&A
Allison Spinner
Ethan Lutske
Mike Pestana
Travis Scheft
Austin Wolfe
Brian Chan
Rhett Hunt

Technology Transactions
Christopher Paniewski
Dena Smith
Barclay Oudersluys

Privacy and Cybersecurity
Matt Staples
Daniel Chen
Dantam Le

Tax
Myra Sutanto Shen
Anjali Krishnan

Employee Benefits and Compensation
Matthew Norgard
Toni Hodge

Employment Law
Matt Gorman
Quinn Christie

National Security
Joshua Gruenspecht
Jahna Hartwig

For more information, please see Armis’ news release and blog post.