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archTIS closes $15.7M acquisition of US-owned Spirion
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David Dicker opens up on Dicker Data exit – ARN
Data-centric software solutions provider archTIS has completed its $15.7 million acquisition of Spirion LLC, further cementing its path for expansion in the US.
The Australian information security provider initially made an offer for the US-based data security posture management (DSPM) software vendor on 27 August.
At the time, archTIS signed an asset purchase agreement to acquire the business assets, including the existing customer base, technology, and employees of Spirion.
Spirion’s US-based team of 38 employees, including experienced executives and technologists, has joined the archTIS team, significantly expanding its presence in the US and domain expertise in data protection.
archTIS CEO Daniel Lai noted its combination with Spirion’s data discovery and classification capabilities creates a comprehensive, zero trust data-centric security platform.