Overview
- Bloomberg, cited by CNBC, reports the discussions are advanced and could produce an announcement soon, though the talks could still collapse.
- Armis was last valued at $6.1 billion and raised $435 million a little over a month ago.
- The company specializes in securing and managing internet-connected devices across sectors such as healthcare, industry and finance.
- Armis said in August it surpassed $300 million in annual recurring revenue after reaching $200 million less than a year earlier.
- CEO Yevgeny Dibrov previously targeted a public listing in late 2026 or early 2027, and both companies declined to comment on the reported talks.