ServiceNow has entered into an agreement to acquire the cybersecurity firm Armis for 7.75 billion dollars in a move to bolster its security and automation portfolio. The acquisition, expected to close in the second half of 2026, aims to integrate advanced cyber exposure management and proactive vulnerability response into ServiceNow's existing platform.
Software giant ServiceNow officially announced its intent to purchase Armis for 7.75 billion dollars on Tuesday to enhance its AI-driven security capabilities. The deal will be financed through a combination of cash and debt as ServiceNow seeks to strengthen its position in the competitive enterprise workflow market. By incorporating Armis, ServiceNow intends to offer a more comprehensive, proactive approach to cybersecurity for its global client base.
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Armis was established in 2015 by veterans of the Israeli military and initially focused on securing Internet of Things devices and operational technology. Over the past decade, the company has expanded its scope to include broad cyber exposure management, helping organizations identify and mitigate risks across all connected assets. The firm currently employs approximately 950 people and recently hit a financial milestone of 340 million dollars in annual recurring revenue.
The acquisition comes during a period of significant consolidation within the cybersecurity industry as major tech firms compete for market dominance. This deal follows other massive transactions in the sector, such as Google’s 32 billion dollar purchase of Wiz and Palo Alto Networks’ 25 billion dollar acquisition of CyberArk Software. ServiceNow’s move is seen as a strategic response to these rivals, ensuring it remains a primary player in the security automation space.
ServiceNow currently leads the market for automation and management software, recently reporting quarterly revenues of 3.4 billion dollars. The purchase of Armis is the latest in a series of aggressive expansions, following the company’s recent acquisitions of the AI firm Moveworks and the identity security platform Veza. These investments signal a clear shift toward creating an all-in-one platform that combines workflow efficiency with high-level digital protection.
Source: ServiceNow To Acquire Cybersecurity Firm Armis In $7.75 Billion Deal