All articles tagged with #armis
ServiceNow beat Q1 expectations and raised 2026 subscription revenue guidance to about $15.7–$15.8B (roughly 22%), driven by accelerating AI product adoption and the $8B Armis acquisition; CEO Bill McDermott labels AI threats as 'parlor tricks' and expects AI-related sales to reach at least $1.5B in 2026, while the stock fell about 13% after hours due to Middle East deal headwinds and margin questions.
ServiceNow is acquiring Israeli cybersecurity firm Armis for $7.75 billion in cash, aiming to enhance its security platform and expand its market opportunity in security and risk solutions, with the deal expected to close in late 2026.
ServiceNow's potential acquisition of Israeli cybersecurity firm Armis, valued up to $7 billion, signifies its strategic move to integrate asset visibility and risk management into its platform, enhancing its presence in both private and federal markets and emphasizing the importance of go-to-market strategies for Israeli startups.
ServiceNow is in advanced negotiations to acquire cybersecurity startup Armis in a deal potentially worth up to $7 billion, which would be its largest acquisition to date. Armis, valued at $6.1 billion, specializes in securing internet-connected devices and had recently raised $435 million, with plans for an IPO delayed due to market conditions. The deal could be announced soon but remains uncertain.
ServiceNow is in advanced negotiations to acquire cybersecurity startup Armis for up to $7 billion, with the deal potentially announced soon. Armis, valued at $6.1 billion after a recent funding round, specializes in real-time device security and serves many Fortune 100 companies amid rising demand for digital security solutions. The outcome of the talks remains uncertain, and other bidders may emerge.