Deal scheduled to close in second half of 2026
Trade
ServiceNow is to acquire cyber security firm Armis for $7.75 billion in cash.
Armis is a major provider of cyber-physical security and cyber exposure management, handling cyber risk across IT, operational technology and medical devices.
The combined companies will create an end-to-end security platform for providing visibility and prioritising risk across a spectrum of connected network assets. ServiceNow and Armis have been longtime partners.
“This decision further reinforces our strategy to deepen security context on the ServiceNow AI platform – expanding to exposure management and cyber-physical security – so customers can reduce risk proactively as AI adoption accelerates,” Amit Zavery, ServiceNow’s president, COO and chief product officer, said in a LinkedIn post.
With ServiceNow’s Security and Risk business responsible for about $1 billion in annual contract value as of the third quarter 2025, the company had already established itself in the cyber security sector. This strategic acquisition is expected to more than triple ServiceNow’s market opportunity for security and risk solutions and accelerate ServiceNow’s roadmap toward autonomous proactive cyber security.
“Armis protects the most critical environments and delivers deep, real time asset intelligence and exposure management across the entire cyber-physical attack surface,” Armis co-founder and CEO Yevgeny Dibrov, said in a blog post. “ServiceNow brings robust security workflows that help organisations translate intelligence into coordinated, repeatable action.”
The agreement comes just a week after ServiceNow completed a $2.85 billion acquisition of MoveWorks, a provider of AI assistant and enterprise search technology. That deal was first announced in March.
ServiceNow’s acquisition of Armis is scheduled to close during the second half of 2026.
Cybersecurity Dive