ServiceNow announced on December 23, 2025, its agreement to acquire Armis for $7.75 billion in cash, the largest deal in its history. This move catapults ServiceNow deeper into cybersecurity, targeting cyber exposure across IT, OT, IoT, and medical devices to triple its addressable market.
Deal Breakdown
The all-cash transaction draws from ServiceNow’s cash reserves and debt, with closure slated for the second half of 2026 after regulatory nods. Armis, fresh off a $435 million funding round valuing it at $6.1 billion in November 2025, delivers real-time asset intelligence and risk prioritization for billions of connected devices.
Why It Matters for Security Teams
Armis’ Centrix platform integrates into ServiceNow’s Vancouver release, forming an AI-powered security operations hub that unifies vulnerability management, threat detection, and compliance. Enterprises gain proactive risk reduction in critical sectors like manufacturing and healthcare, where Armis already secures over 40% of Fortune 100 firms. For vulnerability managers tracking CISA KEV and zero-days, this stacks asset visibility atop ServiceNow’s workflow automation.
Market Ripples and Road Ahead
ServiceNow stock dipped nearly 12% on early reports, reflecting M&A scrutiny in a high-valuation environment. The Israeli unicorn skips its IPO for this exit, potentially one of Israel’s biggest tech sales. Expect enhanced OT/IoT coverage in ServiceNow’s roadmap, aligning with rising supply chain and ransomware threats.
