Tenable to acquire Ermetic

Tenable has announced its intention to acquire cloud infrastructure entitlement management (CIEM) company Ermetic for approximately US$240 million in cash plus US$25 million in restricted stock and restricted stock units (RSUs).

The acquisition, which is expected to close in early Q4 2023, is Tenable’s sixth since its 2018 IPO, and will add Ermetic’s insights into Tenable One to expand Tenable’s cloud security capabilities – including risk visibility, prioritization and remediation across infrastructure and identities, both on-premises and in the cloud.

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