archTIS Ltd (ASX:AR9, OTCQB:ARHLF) has finalised its acquisition of US-based data security software provider Spirion LLC, cementing its biggest step yet in expanding across the American market.
The A$15.75 million deal brings Spirion’s technology, employees and established enterprise customer base into the archTIS fold. The acquisition consideration included A$14 million in upfront cash and A$1.7 million allocated to an employee retention scheme to ensure continuity through the integration process.
To fund the transaction, archTIS recently completed a A$20.5 million capital raising via a fully underwritten entitlement offer and placement, issuing 136.4 million shares at A$0.15 apiece.
Read more: archTIS closes $20.5 million capital raising to fund Spirion acquisition
Strong financial contribution
Spirion generated A$17 million in revenue and annual recurring revenue (ARR) in FY25. Its data discovery, classification and remediation tools have built a global footprint, with blue-chip clients spanning financial services, healthcare and education.
archTIS said Spirion’s Data Security Posture Management (DSPM) offerings are highly complementary to its own access control and collaboration security solutions, creating an end-to-end zero trust data security portfolio. The combined technology will extend across both cloud and on-premises environments, including Microsoft 365 and SharePoint.
Comprehensive zero trust portfolio
archTIS CEO and managing director Daniel Lai welcomed Spirion and its team.
“We are thrilled to welcome Spirion and its customers into the archTIS family,” he said. “This marks a new chapter in our growth story — one that enhances our technical capabilities, expands our vertical market presence, and solidifies our position in the critical US market.
“The integration of Spirion’s data discovery platform with our secure collaboration and access control technologies creates one of the most comprehensive zero trust data security portfolios available today.”
Strengthened US leadership team
Alongside the deal, Spirion’s leadership will transition into key roles within archTIS. Former CEO Kevin Coppins will join as executive vice president of the new Commercial Enterprise Solutions business line and general manager of the Americas. Spirion chief product officer Ryan Tully will assume the same role at archTIS, guiding product strategy and expansion.
Building on momentum
The completed acquisition follows a series of funding milestones over recent months, including an A$8.7 million placement and the A$20.5 million entitlement offer, both aimed at securing the Spirion deal and accelerating US expansion.
Read more: archTIS completes $8.7 million placement, institutional entitlement offer to fund Spirion pickup
archTIS said the transaction not only deepens its technical offering but also scales its customer base, positioning the company to compete more strongly in enterprise, government and regulated industry markets.