ServiceNow to Acquire Cybersecurity Startup Armis for About $7.75 Billion
PositiveTechnology
- ServiceNow has announced its agreement to acquire cybersecurity startup Armis for approximately $7.75 billion in cash, a strategic move aimed at enhancing its cybersecurity capabilities amid increasing demand for AI security solutions. This acquisition marks ServiceNow's largest purchase to date.
- The acquisition of Armis is significant for ServiceNow as it seeks to bolster its offerings in the cybersecurity sector, positioning itself to better meet the evolving needs of businesses facing heightened security threats.
- This development reflects a broader trend in the technology industry, where companies are increasingly investing in cybersecurity solutions to address the growing risks associated with digital transformation and AI advancements.
— via World Pulse Now AI Editorial System
