ServiceNow Moves Into AI-Powered Cybersecurity With $7.75 Billion Acquisition

ServiceNow, Inc. (NYSE:NOW) shares traded lower on Tuesday. The company disclosed an acquisition of Armis in an all-cash deal of $7.75 billion.

As per the agreement, ServiceNow will acquire Armis for about $7.75 billion in cash, funded through cash on hand and debt.

The deal, pending regulatory approvals, is expected to close in the second half of 2026, with Armis' team joining ServiceNow.

As of September 30, ServiceNow had cash and cash equivalents of $2.73 billion.

Merger Benefits

Armis is known for cyber exposure and cyber-physical security. Armis protects IT, operational technology, medical devices, and other critical environments for enterprises, ...

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ServiceNow Moves Into AI-Powered Cybersecurity With $7.75 Billion Acquisition

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