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.
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, governments, and infrastructure worldwide.
The acquisition will strengthen ServiceNow's security workflow capabilities, enabling AI-native, proactive cybersecurity and automated vulnerability response across all connected devices.
Combined, ServiceNow and Armis will deliver an end-to-end security operations stack that integrates real-time asset discovery, threat intelligence, risk prioritization, and automated remediation across the entire technology ecosystem.
Notably, security remains the top priority for CEOs amid rising AI adoption, with global spending on information security projected to reach $240 billion in 2026, up 12.5%.
The Armis acquisition will boost ServiceNow's Security, Risk, and OT portfolios, enhancing trust in connected environments and driving AI adoption.
With ServiceNow's Security and Risk business surpassing $1 billion ACV in the third quarter of 2025, this move is expected to more than triple its security market opportunity and accelerate autonomous, proactive cybersecurity capabilities.
Management Commentary
Price Action: NOW shares are down 2.59% at $152.62 at the last check on Tuesday.
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