Why ServiceNow Is Buying Cyber Startup Armis for $7.75 Billion

Instacart recently faced backlash after conducting an AI pricing experiment that charged different customers varying prices for the same grocery items, with some paying up to 23% more. This controversial strategy drew attention from consumers and lawmakers alike, leading to significant scrutiny over the company's pricing practices.

ServiceNow Inc. Chief Executive Officer Bill McDermott has extended his contract to remain with the software provider through at least the end of 2030. This decision reflects McDermott's ongoing commitment to leading the company in the competitive technology sector.

ServiceNow has announced its acquisition of cybersecurity startup Armis for $7.75 billion, marking its largest acquisition to date. This strategic move is designed to enhance ServiceNow's cybersecurity capabilities and expand its service offerings in the rapidly evolving tech landscape.

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Jason Oxman, president and CEO of the Information Technology Industry Association, outlined the tech industry's roadmap for 2026 during an interview on Bloomberg Tech, addressing key issues such as data center expansion, AI regulation, and tech export restrictions.

ServiceNow Inc. has agreed to acquire the cybersecurity startup Armis for $7.75 billion in cash, marking its largest acquisition to date, with the deal expected to close in the second half of 2026. This strategic move aims to enhance ServiceNow's cybersecurity capabilities and expand its service offerings in a rapidly evolving market.

ServiceNow Inc. has finalized a deal to acquire the cybersecurity startup Armis for $7.75 billion, marking its largest acquisition to date. This strategic move is aimed at bolstering ServiceNow's cybersecurity capabilities and expanding its service offerings in an increasingly digital landscape.