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Acquisition of ARMIS by Insight Partners

Insight Partners acquired ARMIS for $100 million.

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Acquisition

Acquisition attributes

Acquired Company
ARMIS
ARMIS
Acquisition Amount (USD)
100,000,000
Date Announced
January 6, 2020
Transaction Date Closed
February 11, 2020

ARMIS announced on January 6, 2020, that it was in talks about being acquired by Insight Partners. The company's valuation was set at $1.1 billion. On February 11, 2020, ARMIS announced the completion of the acquisition for the amount of $100 million with participation from CapitalG. ARMIS continues to operate independently from Insight Partners with its co-founders serving as CEO and CTO.

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