ServiceNow to acquire cyber firm Armis in $7.75 billion deal

ServiceNow announced plans to acquire Armis for $7.75B to expand its AI-native, proactive cybersecurity and vulnerability response capabilities, building on Armis’s evolution from IoT/OT security to broader exposure management; Armis reports ~$340M ARR and ~950 employees, and the cash-and-debt-funded deal is expected to close in H2 2026. The move follows a wave of major security acquisitions (e.g., Google–Wiz, Palo Alto Networks–CyberArk) as ServiceNow continues growth via purchases including Moveworks and Veza.