ServiceNow announced it has agreed to acquire Armis for approximately $7.75 billion in cash, a deal aimed at expanding ServiceNow’s security workflow capabilities across the full attack surface spanning traditional IT environments, operational technology, and connected medical and industrial devices.
Armis, which specializes in cyber exposure management and cyber physical security, is positioned as a way for organizations to continuously discover and classify assets, prioritize risk, and reduce exposure across managed and unmanaged devices. ServiceNow said combining Armis with its AI Platform will create a unified security exposure and operations stack that connects real-time asset discovery and threat intelligence with automated remediation and response workflows.
The companies said the combination is designed to support companies, governments, and operators of critical infrastructure as the attack surface expands alongside broader adoption of AI. ServiceNow pointed to rising security budgets and demand for actionable visibility into vulnerabilities, and said the transaction is expected to more than triple its market opportunity for security and risk solutions while accelerating its roadmap toward more autonomous, proactive cybersecurity.
ServiceNow said the acquisition will extend and enhance its Security, Risk, and OT portfolios, and build on recent momentum in its security business, including crossing the $1 billion annual contract value threshold for Security and Risk in the third quarter of 2025.
ServiceNow and Armis also emphasized that the two companies have already worked together as partners, with integrations that connect Armis’ asset intelligence and exposure insights into ServiceNow workflows. Armis’ agentless discovery and classification capabilities are built to capture devices that traditional tools may miss, including OT, IoT, medical, and industrial systems, creating a continuously updated view of an enterprise environment. ServiceNow said pairing that visibility with its business context CMDB, which maps assets to the services and teams they support, is intended to help route exposure insights to the right owners, trigger remediation at scale, and drive ongoing reduction of enterprise risk.
Armis said it manages the full lifecycle of cyber exposure management, with capabilities designed to help customers see what is connected, understand risk in context, and take action earlier in the incident timeline. ServiceNow said it also plans to connect Armis’ capabilities and dataset to its AI Control Tower, which it describes as a way to onboard, govern, and manage AI across the enterprise, as part of broader efforts to support end to end exposure management and identity governance in AI security.
Armis reported that it has surpassed $340 million in annual recurring revenue, with year over year ARR growth exceeding 50%. The company, founded in 2015, has about 950 employees and is used by Global 2000 enterprises, including more than 35% of the Fortune 100 and seven of the Fortune 10, along with public sector organizations and government agencies. ServiceNow said Armis will join the company upon closing.
The transaction is expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions. ServiceNow said it expects to fund the acquisition through a combination of cash on hand and debt, and noted that the purchase price is subject to customary adjustments. Tidal Partners served as ServiceNow’s lead financial advisor, with J.P. Morgan Securities and Barclays also advising ServiceNow.
KEY QUOTES:
“ServiceNow is building the security platform of tomorrow. In the agentic AI era, intelligent trust and governance that span any cloud, any asset, any AI system, and any device are non-negotiable if companies want to scale AI for the long-term. Together with Armis, we will deliver an industry-defining strategic cybersecurity shield for real-time, end-to-end proactive protection across all technology estates. Modern cyber risk doesn’t stay neatly confined to a single silo, and with security built into the ServiceNow AI Platform, neither will we.”
Amit Zavery, President, Chief Operating Officer, And Chief Product Officer, ServiceNow
“AI is transforming the threat landscape faster than most organizations can adapt. Every connected asset has become a potential point of vulnerability. 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 – so they can see their entire environment clearly, understand risk in context, and take action before an incident occurs. Together with ServiceNow, customers will have a powerful new way to reduce their exposure and strengthen security at scale.”
Yevgeny Dibrov, Co-Founder And CEO, Armis
“In the era of AI and agents, the benefits and value will be enormous, but so is the complexity. The combination of ServiceNow and Armis provides a dynamic picture of an enterprise’s connected technology assets and an AI and agentic powered blueprint to secure and enable trusted AI.”
Larry Feinsmith, Head Of Global Tech Strategy, Innovation & Partnerships, JPMorgan Chase
