ServiceNow Acquires Armis In $7.75 Billion Deal To Strengthen AI-Powered Security Platform
Synopsis
The deal will bring Armis’ expertise in cyber exposure management and security under ServiceNow’s AI-driven platform, aiming to provide businesses with a unified security solution.
ServiceNow Inc. (NOW) announced on Tuesday that it has agreed to acquire Armis for $7.75 billion in cash to expand its cybersecurity reach.
The deal will bring Armis’ expertise in cyber exposure management and security under ServiceNow’s AI-driven platform, aiming to provide businesses with a unified security solution.
Strategic Importance
The acquisition will broaden ServiceNow’s security offerings and enhance its automated vulnerability response capabilities. The move is intended to help organizations strengthen their defenses as AI adoption grows.
ServiceNow stock inched 0.1% lower in Tuesday’s premarket.
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