ServiceNow to Buy Armis for $7.75 Billion

<p><span class&equals;"bw-dateline-wrapper"><strong>SANTA CLARA<&sol;strong> &&num;8212&semi; <&sol;span><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;http&percnt;3A&percnt;2F&percnt;2Fwww&period;servicenow&period;com&percnt;2F&amp&semi;esheet&equals;54383042&amp&semi;newsitemid&equals;20251222437177&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;ServiceNow&amp&semi;index&equals;1&amp&semi;md5&equals;55027ffce5ab169aa5882a60bcb8599d" rel&equals;"nofollow" shape&equals;"rect">ServiceNow<&sol;a> has agreed to buy Armis for &dollar;7&period;75 billion in cash&period; Armis is a San Francisco company that specializes in cyber exposure management and cyber-physical security for companies&comma; governments&comma; and critical infrastructure worldwide&period; The acquisition will expand ServiceNow’s security workflow offerings and advance AI-native&comma; proactive cybersecurity and vulnerability response across all connected devices&period; Together&comma; ServiceNow and Armis will create a unified&comma; end-to-end security exposure and operations stack that can see&comma; decide&comma; and act across the entire technology footprint by connecting real-time asset discovery&comma; threat intelligence&comma; and risk prioritization with automated remediation and response workflows&period;<&sol;p>&NewLine;<p>Security continues to be the number one priority for CEOs as organizations navigate increased adoption of AI&period; Worldwide end-user spending on information security is projected to increase 12&period;5&percnt; in 2026 to &dollar;240 billion&comma; with rising threats and the expanding use of AI and generative AI being the key growth drivers<sup>1<&sol;sup>&period; As rapid AI adoption expands the attack surface for organizations&comma; real-time visibility into vulnerabilities and actionable insights for what to fix first are critical to minimize risk and strengthen security posture&period; The acquisition of Armis will extend and enhance ServiceNow’s Security&comma; Risk&comma; and OT portfolios in critical and fast-growing areas of cybersecurity and drive increased AI adoption by strengthening trust across businesses’ connected environments&period; With ServiceNow’s Security and Risk business crossing the &dollar;1 billion annual contract value &lpar;ACV&rpar; threshold in third quarter 2025&comma; ServiceNow has already established itself as a security leader&period; This strategic acquisition is expected to more than triple ServiceNow’s market opportunity for security and risk solutions and accelerate ServiceNow’s roadmap to autonomous proactive cybersecurity&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;ServiceNow is building the security platform of tomorrow&comma;” said Amit Zavery&comma; president&comma; chief operating officer&comma; and chief product officer at ServiceNow&period; &OpenCurlyDoubleQuote;In the agentic AI era&comma; intelligent trust and governance that span any cloud&comma; any asset&comma; any AI system&comma; and any device are non-negotiable if companies want to scale AI for the long-term&period; Together with Armis&comma; we will deliver an industry-defining strategic cybersecurity shield for real-time&comma; end-to-end proactive protection across all technology estates&period; Modern cyber risk doesn’t stay neatly confined to a single silo&comma; and with security built into the ServiceNow AI Platform&comma; neither will we&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;AI is transforming the threat landscape faster than most organizations can adapt&period; Every connected asset has become a potential point of vulnerability&comma;” said Yevgeny Dibrov&comma; co-founder and CEO&comma; Armis&period; &OpenCurlyDoubleQuote;We built Armis to protect the most critical environments and give both public and private sector organizations the real-time intelligence they need to stay ahead – so they can see their entire environment clearly&comma; understand risk in context&comma; and take action before an incident occurs&period; Together with ServiceNow&comma; customers will have a powerful new way to reduce their exposure and strengthen security at scale&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;In the era of AI and agents&comma; the benefits and value will be enormous&comma; but so is the complexity&comma;” said Larry Feinsmith&comma; head of Global Tech Strategy&comma; Innovation &amp&semi; Partnerships at JPMorgan Chase&period; &OpenCurlyDoubleQuote;The combination of ServiceNow and Armis provides a dynamic picture of an enterprise’s connected technology assets and an AI and agentic powered blueprint to secure and enable trusted AI&period;”<&sol;p>&NewLine;<p>ServiceNow expects to fund the transaction through a combination of cash on hand and debt&period; The transaction is expected to close in the second half of 2026&period;<&sol;p>&NewLine;

Editor

Nirvana Lands $100 Million Series D

SAN FRANCISCO -- Nirvana Insurance, an AI-native commercial insurer, has secured a preemptive $100 million…

3 hours

Kargo Scores $42 Million Series B

SAN FRANCISCO -- Kargo, a provider of industrial artificial intelligence (AI) technology for supply chain…

3 hours

Instacart to Pay $60 Million to Settle FTC Lawsuit

The Federal Trade Commission announced that grocery delivery provider Instacart will pay $60 million in…

3 hours

Six Companies Added to Nasdaq 100

The Nasdaq stock market has reformulated the list of 100 companies in the Nasdaq-100 Index…

5 days

NVIDIA Acquires SchedMD

NVIDIA says it has acquired SchedMD — the leading developer of Slurm, an open-source workload…

5 days

Palo Alto Networks Expands Partnership With Google Cloud

SANTA CLARA and SUNNYVALE -- Palo Alto Networks and Google Cloud announced a significant expansion…

6 days