ServiceNow plans to acquire cybersecurity firm Armis for $7.75 billion, significantly expanding its security and risk management capabilities. The deal also follows ServiceNow’s recent acquisition of Veza Security, strengthening its position in identity and asset security sectors. #Armis #ServiceNow #VezaSecurity #CybersecurityM&A
Keypoints
- ServiceNow is acquiring Armis to enhance its security solutions and market share.
- The $7.75 billion all-cash deal signifies Armis’ shifting focus from an IPO to acquisition.
- Armis specializes in asset discovery, vulnerability management, and compliance for enterprises.
- The acquisition is expected to more than triple ServiceNow’s market opportunity for security solutions.
- The deal is anticipated to close in late 2026, pending regulatory approval.
Read More: https://www.securityweek.com/servicenow-to-acquire-armis-for-7-75-billion-in-cash/