ServiceNow is in late-stage discussions for a ServiceNow Armis acquisition, which could be valued at up to $7 billion, according to people familiar with the matter. If completed, the transaction would become ServiceNow’s largest acquisition to date and a major step in expanding its cybersecurity portfolio.
The talks are said to be advanced, and an announcement could come soon. However, there is no certainty that a deal will be finalized. Discussions could still fall apart or draw interest from competing bidders. ServiceNow declined to comment on the report, while Armis did not immediately respond to requests for comment.
The potential ServiceNow Armis acquisition highlights how major enterprise software providers are moving quickly to strengthen security capabilities as cyber risks grow in scale and complexity. For ServiceNow, adding Armis would deepen its ability to protect connected devices and digital environments used by large organizations.
A Strategic Push Into Cybersecurity
ServiceNow is best known for software that helps enterprises manage IT operations, digital workflows, and workforce processes. Over the past few years, the company has worked to position itself as a central platform for enterprise operations, handling everything from service management to automation.
Cybersecurity has become a natural extension of that strategy. As organizations rely more heavily on connected devices, cloud platforms, and automated workflows, security risks have increased. Integrating cyber visibility and protection into core operational systems has become a priority for many large customers.
Armis specializes in identifying and monitoring threats across connected devices, including those often overlooked by traditional security tools. These include Internet of Things devices, operational technology systems, and unmanaged endpoints. Its platform is used by organizations in sectors such as healthcare, finance, defense, and critical infrastructure.
By acquiring Armis, ServiceNow would gain technology that complements its existing offerings. The move would allow the company to embed deeper security insights into enterprise workflows, helping customers detect risks earlier and respond more effectively.
Armis Growth and Market Position
Armis has seen rapid growth in recent years. In August, its chief executive said the company had reached $300 million in annual recurring revenue in 2025, up from $200 million the year before. The company has positioned itself as a leader in asset visibility and continuous threat monitoring, areas that have gained importance as corporate networks expand beyond traditional boundaries.
Founded by former members of Israel’s military cyber intelligence units, Armis has attracted strong investor interest. In 2020, the company was acquired by Insight Partners and other backers, including Alphabet’s CapitalG, in a deal valued at $1.1 billion. More recently, private equity firm Thoma Bravo was among investors exploring a potential transaction.
Armis had also been considering an initial public offering in 2026, according to earlier statements from its leadership. A sale to ServiceNow would represent a different exit path, offering scale and integration within a large enterprise platform.
Consolidation Accelerates Across Cybersecurity
The potential ServiceNow Armis acquisition comes as consolidation accelerates across the cybersecurity industry. Large technology companies are seeking to expand security capabilities to meet rising demand from enterprise customers facing more frequent and complex cyber threats.
ServiceNow has already signaled its willingness to pursue large acquisitions. Earlier this year, the company agreed to buy artificial intelligence firm Moveworks for $2.85 billion, adding AI tools designed to resolve workplace tasks with minimal human input. That acquisition reflected a broader push to combine automation, AI, and enterprise operations.
Other technology firms have also made aggressive moves in cybersecurity this year. Analysts expect this trend to continue as companies look for scale, recurring revenue, and differentiated capabilities. Cybersecurity platforms that offer strong visibility, automation, and integration are seen as especially attractive.
Shares of ServiceNow closed slightly lower in New York on Friday, valuing the company at about $179.5 billion. Market observers are now the ServiceNow Armis acquisition results in a confirmed deal.
Whether or not the acquisition goes through, the discussions underscore how cybersecurity has become central to enterprise software strategy. As digital environments grow more complex, companies like ServiceNow are moving to make security a built-in part of how organizations operate, rather than a standalone function.
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