Overview of the Acquisition
American software technology company ServiceNow has announced the acquisition of cybersecurity startup Armis for approximately $7,750 million (6,582 million euros). This strategic move aims to expand ServiceNow’s advanced AI services.
Financing Details
According to the press release, the deal will be financed through a combination of cash and debt issuance, with the intention to finalize the acquisition during the second half of 2026, subject to customary closing conditions.
ServiceNow’s Vision for the Future
“ServiceNow is building the platform of tomorrow’s security,” said Amit Zavery, President, Chief Operating Officer, and Chief Product Officer at ServiceNow. “Together with Armis, we will offer a strategic cybersecurity shield that will set a new standard in the industry and provide proactive, real-time, end-to-end protection across all technology environments.”
Armis’s Mission and Capabilities
Yevgeny Dibrov, co-founder and CEO of Armis, stated, “We founded Armis to protect the most critical environments and provide public and private sector organizations with real-time intelligence they need to stay ahead, enabling them to clearly see their entire environment, understand risks in context, and take action before an incident occurs.”
Key Questions and Answers
- Who is ServiceNow? ServiceNow is an American technology company that specializes in cloud-based digital workflow platforms. Their services aim to facilitate enterprise operations by automating processes and tasks.
- Why is the Armis acquisition significant? This acquisition will enable ServiceNow to enhance its AI capabilities, providing advanced cybersecurity solutions for businesses across various sectors.
- What does Armis bring to the table? Armis offers real-time cybersecurity intelligence and protection for critical environments, helping organizations stay ahead of potential threats.
- When is the acquisition expected to be completed? The deal is anticipated to close during the second half of 2026, pending customary closing conditions.
Context and Impact
ServiceNow, known for its digital workflow platforms, aims to strengthen its cybersecurity offerings through the acquisition of Armis. This strategic move will allow ServiceNow to integrate advanced AI capabilities into its services, ultimately providing businesses with robust cybersecurity solutions.
Armis, a cybersecurity startup founded by Yevgeny Dibrov, specializes in offering real-time threat detection and response for critical infrastructure. Their technology focuses on providing organizations with actionable insights to protect their digital assets from evolving cyber threats.
By combining ServiceNow’s enterprise workflow expertise with Armis’s cutting-edge cybersecurity technology, the merged entity will be well-positioned to address the growing demand for advanced security solutions. This partnership will enable businesses across various sectors to proactively defend against cyber threats, ensuring the safety and integrity of their digital environments.
