ServiceNow to buy Armis for $7.75 billion
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ServiceNow, Inc. is rated a Sell after its $7.75B Armis acquisition at a steep 23x ARR multiple. Learn more about NOW stock here.
Acquiring Armis will help further ServiceNow's plans for autonomous cybersecurity and building a security stack to proactively manage AI.
ServiceNow has acquired cybersecurity firm Armis for $7.75 billion to expand AI-powered security across medical devices.
ServiceNow’s deal to buy exposure management technology developer Armis comes just weeks after it acquired incident management tech developer Veza.
ServiceNow’s $1 billion deal for Veza aims to unify identity governance with workflow automation to control AI agents — a growing challenge for companies deploying AI.
CEO Bill McDermott says Armis deal will more than triple ServiceNow's market opportunity. Bernstein says NOW stock is cheapest in software.
LAS VEGAS--(BUSINESS WIRE)--Knowledge 2023-- ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced new generative AI capabilities for the Now Platform to help deliver faster, more ...