ServiceNow to acquire cybersecurity startup Armis for $7.75B
ServiceNow says the Armis acquisition is expected to more than triple its market opportunity for security and risk solutions.
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Enterprise software giant ServiceNow has agreed to acquire cybersecurity startup Armis for $7.75 billion in cash, marking one of the largest cybersecurity acquisitions of the year and underscoring the accelerating convergence between enterprise workflow platforms and security infrastructure.
The deal represents a sharp step-up in valuation for Armis. Just a month ago, the nine-year-old company raised a $435 million pre-IPO round that valued it at $6.1 billion. At the time, Armis co-founder and CEO Yevgeny Dibrov told TechCrunch that a public listing in late 2026 or 2027 was his “personal dream.” The acquisition highlights a broader reality in cybersecurity markets: despite strong growth, IPO windows remain uncertain, and strategic exits increasingly offer faster scale and surer outcomes.
For ServiceNow, the acquisition is as much about positioning as it is about revenue. Armis has surpassed $340 million in annual recurring revenue, growing more than 50% year on year, and serves Fortune 500 companies and governments with security software focused on critical infrastructure, operational technology (OT), IoT, and cyber-physical systems. Those capabilities align closely with ServiceNow’s ambition to embed security and risk management directly into enterprise workflows, rather than treating them as adjacent tools.
The Armis deal caps a notably aggressive acquisition cycle for ServiceNow. In 2025 alone, the company acquired Moveworks for $2.85 billion and agreed to buy identity security firm Veza for $1 billion. Collectively, these moves suggest a deliberate strategy to turn ServiceNow into a control plane for AI-driven enterprises, spanning productivity, identity, governance, and now deep cyber exposure management.
ServiceNow says the Armis acquisition is expected to more than triple its market opportunity for security and risk solutions. That ambition is underpinned by market tailwinds. Worldwide end-user spending on information security is projected to reach $240 billion in 2026, driven by escalating threats and the expanding use of AI and generative AI, which significantly widen organizational attack surfaces. As enterprises deploy autonomous agents and AI systems at scale, real-time visibility into assets and vulnerabilities is becoming foundational rather than optional.
“Security continues to be the number one priority for CEOs,” said Amit Zavery, president, COO, and chief product officer at ServiceNow, framing the acquisition as a response to what he described as non-negotiable demands for trust and governance in the agentic AI era. By integrating Armis’ agentless discovery and exposure insights with ServiceNow’s AI Platform and CMDB, the company aims to move customers toward what it calls autonomous, proactive cybersecurity.
Armis’ technology brings particular strength in discovering and classifying unmanaged and hard-to-see assets—ranging from industrial control systems to medical devices—that traditional IT security tools often miss. When paired with ServiceNow’s workflow automation, exposure insights can be routed directly to remediation teams, reducing response times and operational friction.
Under the terms of the agreement, ServiceNow will fund the acquisition through cash and debt, with the transaction expected to close in the second half of 2026, subject to regulatory approvals. Upon closing, Armis’ roughly 950-person team will join ServiceNow.
