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ServiceNow near deal to buy cybersecurity startup Armis for up to $7 billion, Bloomberg News reports
ServiceNow aims to enhance cybersecurity by acquiring Armis, which surpassed $300 million in annual revenue and employs about 850 people, sources said.
- Dec 13, ServiceNow is in advanced talks to buy Armis in a deal that may be valued at as much as $7b, reported sources said.
- Aiming for an IPO, Armis had planned a flotation in the final quarter of 2026 or early 2027 while expanding through work with US federal agencies and competing with Dream, Axonius and Medigate.
- Investors including Insight Partners and Goldman Sachs hold stakes in Armis, which said it surpassed $300 million in annual revenue and completed a $435 million round in November.
- ServiceNow's nearly $180 billion market cap would benefit from Armis' security capabilities, and founders Dibrov and Nadir Izrael, along with 850 employees, could gain if the deal proceeds.
- Founders previously worked at Adallom, acquired by Microsoft in 2025 for $320 million, and reports say potential competing bidders could still emerge amid rivals like Dream, Axonius, and Medigate.
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ServiceNow in advanced talks to acquire cybersecurity startup Armis for upto $7 billion, says report
ServiceNow is in advanced talks to buy Israeli military veteran-run Armis for up to $7 billion, its largest acquisition. The deal may be announced soon, or could collapse if another potential buyer emerges for the cybersecurity startup.
·New Delhi, India
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ServiceNow near deal to buy cybersecurity startup Armis for up to $7 billion, Bloomberg News reports
Dec 13 : ServiceNow is in advanced talks to buy Armis, a cybersecurity startup that had been eyeing an initial public offering next year, in a deal that may be valued at as much as $7 billion, Bloomberg News reported on Saturday, citing people familiar with the situation.The deal could be announced in the co
·Singapore
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Total News Sources28
Leaning Left1Leaning Right3Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 30%
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