ServiceNow mulls $7bn acquisition of Armis

1 week ago 4

ServiceNow is successful precocious discussions to get Armis, a privately held cybersecurity startup, successful a woody perchance valued astatine up to $7bn, arsenic reported by Bloomberg News.

This transaction, if finalised, would correspond a important enlargement of ServiceNow's cybersecurity capabilities. Sources adjacent to the negotiations bespeak that a ceremonial announcement could beryllium imminent, though determination remains a anticipation that talks could falter oregon different bidder could participate the fray.

Armis, founded successful 2016 and headquartered successful California, specialises successful real-time information for connected devices crossed assorted industries.

The cybersecurity institution focuses connected managing cyber hazard and securing integer infrastructures against imaginable threats. Armis' services are said to beryllium employed by implicit 40% of Fortune 100 companies, including 7 of the apical ten.

In November 2025, Armis announced it had raised $435m successful pre-initial nationalist offering (IPO) funding, valuing the institution astatine $6.1bn. Growth Equity astatine Goldman Sachs Alternatives led this circular with important information from CapitalG and the instauration of Evolution Equity Partners arsenic a caller investor.

The backing aims to enactment merchandise development, marketplace expansion, and strategical acquisitions arsenic Armis pursues its nonsubjective of achieving $1bn successful yearly recurring gross (ARR).

The institution has observed much than 50% maturation successful ARR, present surpassing $300m.

Strategic mergers and acquisitions implicit the past 2 years person expanded Armis' capabilities successful unreality computing, AI, and operational exertion security, generating further gross streams.

This enlargement aligns with Armis' program to hole for an IPO portion continuing to prosecute some integrated and inorganic maturation opportunities.

Recently, Armis entered into a concern with KODE Labs and IntelliBuild to supply integrated solutions that harvester cybersecurity with operational quality for gathering lifecycle absorption systems.

Simultaneously, ServiceNow announced plans to get Veza, an individuality information firm. This determination is intended to heighten ServiceNow's Security and Risk portfolios by focusing connected individuality security. The acquisition of Veza is pending customary regulatory approvals and closing conditions.

Earlier successful 2025, ServiceNow signed a woody worthy $2.85bn to get Moveworks, an AI adjunct and endeavor hunt exertion company.

"ServiceNow mulls $7bn acquisition of Armis" was primitively created and published by Verdict, a GlobalData owned brand.


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