ServiceNow to Buy Cybersecurity Firm Armis for $7.75B, Expanding AI-Driven Security

By closing the deal in late 2026, the California-based workflow and AI platform hopes to improve enterprise cybersecurity across IT, OT, and critical infrastructure.

California-based platform-as-a-service provider with an emphasis on artificial intelligence. ServiceNow will buy San Francisco-based cybersecurity firm Armis in its biggest acquisition to date. ServiceNow, and NYSE-listed Company, will purchase Armis for $7.75 billion in cash using a combination of debt and cash on hand. The second half of 2026 is when the deal is anticipated to close. ServiceNow is a cloud-based automation and workflow solutions firm that prioritizes AI.

The acquisition will broaden ServiceNow's security offerings to include cyber risk management and physical security across the entire attack surface in IT, OT, medical devices, and other environments for businesses, governments, and critical infrastructure, the company said in a statement.

According to Amit Zavery, COO and Chief Product Officer at ServiceNow, if businesses wish to scale AI over the long term in the agentic AI era, intelligent trust and governance that spans any cloud, any asset, any AI system, and any device are non-negotiable. They will work with Armis to provide an industry-leading strategic cybersecurity shield for proactive, real-time protection across all technology estates.

While ServiceNow's Security and Risk division surpassed $1 billion in annual contract value (ACV) in the third quarter of 2025, Armis, with $340 million in sales and a 50% annual growth rate, serves seven Fortune 10 businesses and approximately 35% of the Fortune 100. ServiceNow announced earlier in March that it would purchase Moveworks for $2.85 billion in order to accelerate the adoption of agentic AI across all of its products.

In 2018, ServiceNow established its largest R&D facility outside of the United States in Hyderabad, Asia. Teams that handle a variety of tasks, such as product engineering, application development, product operations and management, service engineering, and customer support, are housed in the India Development Center. About 20% of the company's nearly 27,000 workers are situated in India, and among its clients are well-known IT companies like Infosys and LTI Mindtree.

AI developments have also elevated cybersecurity to the top of enterprise risk management agendas, and mergers and acquisitions in the security sector are expected to pick up substantial steam in 2025. Hyperscaler Google stated in March of this year that it would buy New York-based cloud security platform Wiz Inc. for $32 billion in order to incorporate it into Google Cloud.