ServiceNow Acquires Armis for $7.75 Billion in Cybersecurity Bet

ServiceNow, a leading provider of cloud-based services, has announced its acquisition of Armis, a cybersecurity company, for $7.75 billion. This move marks a significant expansion of ServiceNow's reach into the cybersecurity market, as it aims to create an 'AI control tower.'

The acquisition is seen as a strategic move by ServiceNow to enhance its offerings in the growing cybersecurity market. Armis, with its expertise in endpoint security, will complement ServiceNow's existing capabilities in IT service management and workflow automation.

The deal is expected to close in the first half of 2026, subject to regulatory approvals. ServiceNow has stated that it will continue to operate Armis as a separate entity, with its existing leadership team remaining in place.

The acquisition is seen as a significant development in the cybersecurity market, with many experts predicting a surge in demand for advanced security solutions in the coming years.

Sources

[1] ServiceNow to buy Armis for $7.75 billion as it bets big on cybersecurity for AI