
"Once the deal is done, ServiceNow plans to join its CMDB (Configuration Management Database) - which maps all of an organization's IT assets - with Armis' data discovery tools to let customers see vulnerabilities, prioritize their risks, and close holes with automated workflows. The two companies already have several integrations that connect Armis data and insights to ServiceNow, but expect the acquisition will deepen those links."
"ServiceNow's security revenue is currently around $1 billion a year. The company hopes buying Armis will triple that figure. In its statement, ServiceNow said customers will no longer have to rely on a patchwork of software solutions to keep their estates safe. "Modern cyber risk doesn't stay neatly confined to a single silo, and with security built into the ServiceNow AI Platform, neither will we," Amit Zavery, president, chief operating officer, and chief product officer at ServiceNow said in a statement."
ServiceNow agreed to buy Armis for $7.75 billion, with the deal expected to close in the second half of 2026 and financed with cash and debt. ServiceNow will join its CMDB with Armis' data discovery tools to show vulnerabilities, prioritize risks, and close holes with automated workflows. Existing integrations between the companies will be deepened after the acquisition. ServiceNow's security revenue is around $1 billion annually and the company expects the acquisition to triple that figure. Armis has 950 employees, $340 million in annual recurring revenue, and is a 2025 Gartner Magic Quadrant leader. ServiceNow also acquired Veza and several other companies this year as part of a broader expansion of its security and AI capabilities.
Read at Theregister
Unable to calculate read time
Collection
[
|
...
]