ServiceNow is in advanced negotiations to acquire cybersecurity startup Armis in a transaction that could be valued at up to $7 billion, which would become the company’s largest acquisition on record. Armis specializes in cyber exposure and connected asset visibility technologies, providing real-time identification and risk assessment for unmanaged devices, IoT/OT endpoints, and complex enterprise environments—capabilities that are increasingly critical as organizations struggle with sprawling attack surfaces. The discussions are reportedly at a late stage with a potential announcement imminent, though the deal is not yet finalized and could still fall through or attract competing bids.

The strategic intent behind the acquisition is to deepen ServiceNow’s cybersecurity footprint by embedding Armis’s visibility and risk management functionality into its workflow and platform offerings, potentially bridging traditional IT service management with more proactive threat detection and response across broader asset inventories. Market reaction has been mixed: ServiceNow’s share price experienced significant volatility, including sharp declines, as investors weigh the high valuation against expected benefits and expanded focus on security in an era of rising cyber threats.

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Source: https://industrialcyber.co/threats-attacks/servicenow-in-talks-to-buy-armis-signaling-deeper-push-into-cybersecurity/