vp

ISSUE – Jan. 07| Insight Partners To Acquire Armis Security At $1B Valuation

Venture capital and private equity firm Insight Partners plans to acquire Armis Security at a valuation of $1.1 billion, the company announced Monday. Insight will pay cash for the cybersecurity company, with participation from CapitalG for $100 million and rollover from some existing stockholders, the company said in a statement. The transaction is expected to close in February, and the company did not disclose the acquisition price. [ Crunch Base ]

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