ServiceNow to acquire cyber firm Armis in $7.75 billion deal

Steven

ServiceNow to acquire cyber firm Armis in $7.75 billion deal

Summary

ServiceNow has announced an agreement to buy cybersecurity firm Armis for $7.75 billion, a move aimed at expanding ServiceNow’s security portfolio and advancing “AI-native, proactive cybersecurity and vulnerability response.” The acquisition is expected to close in the second half of 2026 and will be financed with a mix of cash and debt.

Armis, founded in 2015 by Israeli military veterans, began as an IoT and operational-technology security specialist and has since broadened into cyber exposure management. The company reports over $340 million in annual recurring revenue and employs roughly 950 people.

The deal comes as part of a wider deal-making trend in enterprise security — peers have made large purchases this year, including Google buying Wiz and Palo Alto Networks acquiring CyberArk — and follows ServiceNow’s recent string of AI and security-related bolt-ons, such as Moveworks and Veza.

Key Points

  • Deal value: ServiceNow will acquire Armis for $7.75 billion.
  • Strategic aim: to strengthen ServiceNow’s security capabilities and push “AI-native, proactive cybersecurity and vulnerability response.”
  • Armis background: founded in 2015 by Israeli military veterans; started in IoT/OT security and expanded into cyber exposure management.
  • Scale: Armis reports more than $340m ARR and about 950 employees.
  • Timing & financing: expected to close in H2 2026; funded by cash and debt.
  • Industry context: follows a wave of major cybersecurity acquisitions this year (eg. Google/Wiz, Palo Alto/CyberArk).
  • ServiceNow momentum: reported $3.4bn revenue last quarter and has made several AI/security acquisitions recently, signalling an aggressive expansion into security services.

Why should I read this?

Quick heads-up — if you care about enterprise security stacks, buyouts or who’s going to control security workflows, this matters. ServiceNow snapping up Armis is a big bet that platform vendors will bundle deeper security and AI capabilities. It could change tooling choices for ops and security teams, and reshape vendor competition. Worth a skim now and a closer read if you manage security strategy or purchasing.

Source

Source: https://therecord.media/servicenow-cyber-armis-acquisition