ServiceNow agrees to acquire cybersecurity startup Armis for $7.75B in cash in a deal set to close in H2 2026, marking its largest acquisition to date (Bloomberg)
NeutralArtificial Intelligence
- 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.
- The acquisition is significant for ServiceNow as it seeks to strengthen its position in the cybersecurity sector, addressing increasing demand for robust security solutions amid rising cyber threats.
- This development reflects a broader trend in the technology industry where companies are increasingly investing in cybersecurity to protect their assets and data, highlighting the critical importance of security in digital transformation efforts.
— via World Pulse Now AI Editorial System
