ServiceNow buys security firm Armis for $7.75 billion

"ServiceNow is acquiring cybersecurity company Armis for $7.75 billion. The latter focuses primarily on exposure management. According to Amit Zavery, CPO and COO at ServiceNow, the deal will lead to "end-to-end proactive protection" in all IT environments. Bloomberg reported earlier this month that ServiceNow was in talks with Armis about an acquisition that would be the largest in the company's history."

"In addition to Veza, the company previously acquired AI firm Moveworks for $2.85 billion earlier this year. This is clearly part of its push toward AI tools that can complete tasks without human supervision. CEO Bill McDermott emphasizes that AI does not pose a threat to business software, but rather offers opportunities through close collaboration between AI models and integrated business solutions. Completely replacing CRMs and ITSM platforms therefore seems unrealistic."

"Armis, founded in 2015 by veterans of the Israeli intelligence services, focuses on protecting modern business environments. The company offers visibility, risk management, and real-time security for all connected assets. This includes traditional IT equipment as well as newer IoT and OT systems. Back in 2022, we wrote an extensive article about Armis, highlighting how it was a well-kept secret in our region at the time. Under ServiceNow's ownership, we suspect the Armis feature set will reach a far larger global stage."

ServiceNow is acquiring Armis for $7.75 billion to add cyber exposure management capabilities. ServiceNow's recent acquisitions include Veza and Moveworks, signaling a push toward AI-driven automation and data security integration. Leadership frames AI as a collaborator with business software rather than a replacement for CRMs and ITSM platforms. Armis provides visibility, risk management, and real-time security across traditional IT assets as well as IoT and OT systems. The Armis Centrix cloud-native platform continuously monitors the digital attack surface, inventories asset types, and tracks device behavior while assessing risks agentlessly. The deal remains subject to regulatory approval.

Read at Techzine Global