ServiceNow shares edge lower as Armis deal confirmed

Investing.com -- ServiceNow shares edged 0.4% lower premarket on Tuesday after the company confirmed it will acquire cybersecurity firm Armis for $7.75 billion in cash.

The stock fell last week following reports that an agreement was nearing.

ServiceNow said the acquisition is expected to more than triple its market opportunity for security and risk solutions and accelerate its push into autonomous, proactive cybersecurity.

The company described the deal as a way to expand its security workflow products across IT, operational technology, medical devices, and other connected environments.

Amit Zavery, ServiceNow’s president, chief operating officer, and chief product officer, said, “ServiceNow is building the security platform of tomorrow.”

He added that, “Together with Armis, we will deliver an industry-defining strategic cybersecurity shield for real-time, end-to-end proactive protection across all technology estates.”

Armis, which manages cyber risk for companies, governments, and critical infrastructure, brings real-time asset discovery, threat intelligence, and risk prioritization capabilities.

Its co-founder and CEO, Yevgeny Dibrov, said, “We built Armis to protect the most critical environments and give both public and private sector organizations the real-time intelligence they need to stay ahead.”

ServiceNow noted that the deal will integrate Armis’ dataset and exposure-management tools directly into the ServiceNow AI Platform, strengthening its ability to address AI-powered cyber threats.

The transaction is expected to close in the second half of 2026.

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