ServiceNow to Buy Armis for $7.75 Billion

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ServiceNow is set to acquire cyber exposure management firm Armis for approximately $7.75 billion in cash, as the company looks to deepen its presence in cybersecurity across IT, operational technology (OT), medical devices, and other cyber-physical environments.

​The acquisition is expected to expand ServiceNow’s security workflow offerings and accelerate its push toward AI-native, proactive, and autonomous cybersecurity, according to a release. 

​The transaction is slated to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.

​Armis, founded in 2015, specialises in cyber exposure management and cyber-physical security, offering real-time, agentless discovery and risk prioritisation across managed and unmanaged assets, including OT, IoT, medical, and industrial devices. 

Its platform is used by Global 2000 enterprises, more than 35% of the Fortune 100, and public-sector organisations worldwide, according to the release. 

​ServiceNow said the combination will create a unified, end-to-end security exposure and operations stack that can “see, decide, and act” across an organisation’s entire technology footprint. 

By integrating Armis’ real-time asset discovery, threat intelligence, and risk prioritisation with ServiceNow’s automated remediation and response workflows, the company aims to offer customers a single, AI-driven platform for managing cyber risk.

Amit Zavery, president, chief operating officer and chief product officer at ServiceNow, said in a statement, “In the agentic AI era, intelligent trust and governance that span any cloud, any asset, any AI system, and any device are non-negotiable if companies want to scale AI for the long-term. Together with Armis, we will deliver an industry-defining strategic cybersecurity shield for real-time, end-to-end proactive protection across all technology estates.”

​The deal comes amid rising enterprise spending on cybersecurity as AI adoption expands the attack surface. 

ServiceNow noted that worldwide end-user spending on information security is projected to reach $240 billion in 2026, driven by rising threats and the growing use of AI, including generative AI. 

The company’s security and risk business crossed $1 billion in annual contract value in the third quarter of 2025, it informed. 

​ServiceNow said the acquisition is expected to more than triple its market opportunity for security and risk solutions and accelerate its roadmap to autonomous, proactive cybersecurity.

​Armis co-founder and CEO Yevgeny Dibrov said the threat landscape is evolving faster than many organisations can respond. 

“AI is transforming the threat landscape faster than most organisations can adapt. Every connected asset has become a potential point of vulnerability,” he said. 

“We built Armis to protect the most critical environments and give both public and private sector organisations the real-time intelligence they need to stay ahead—so they can see their entire environment clearly, understand risk in context, and take action before an incident occurs.”

​The companies have been longtime partners and already offer multiple integrations that link Armis’ data and insights with ServiceNow workflows. 

Following the acquisition, Armis’ capabilities will be integrated with the ServiceNow AI Control Tower, which governs and manages AI across the enterprise, and with ServiceNow’s configuration management database, providing business context for assets and exposures.

​Armis reported more than $340 million in annual recurring revenue, with year-over-year ARR growth exceeding 50%, ServiceNow said. The company employs around 950 people.

​Under the terms of the definitive agreement, ServiceNow will fund the transaction through a combination of cash on hand and debt.

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