ServiceNow to acquire cybersecurity startup Armis for $7.75B

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, as confirmed by President and COO Amit Zavery during an interview on Bloomberg. This deal marks a significant investment in enhancing ServiceNow's cybersecurity capabilities.

Nvidia's largest buyer in Southeast Asia, Megaspeed, is currently under investigation for potential chip smuggling, as authorities scrutinize the importation of significantly more chips than Nvidia's records indicate. This probe raises concerns about the legality of Megaspeed's operations and its impact on Nvidia's reputation.

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.