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US IT firm ServiceNow said to be in talks to $7b cyber deal
ServiceNow is in late-stage discussions to acquire San Francisco–based cybersecurity firm Armis for up to US$7 billion, according to sources.
The deal could be announced soon, though talks remain private and may not result in an agreement.
Armis, founded by Israeli military cyber intelligence veterans, focuses on securing connected devices across sectors such as healthcare, finance, and defense.
The company reached US$300 million in annual recurring revenue in August.
The potential deal comes as cybersecurity M&A accelerates, following Alphabet’s US$32 billion Wiz deal and Palo Alto Networks’ planned US$25 billion CyberArk acquisition.
🔗 Source: Bloomberg
🧠 Food for thought
Implications, context, and why it matters.
Armis could boost ServiceNow OT and IoT visibility; ties rely on connectors
- Today, OT and IoT asset tracking on the platform leans on integrations. Armis finds then tracks threats on devices in healthcare, finance, and defense that overlap with ServiceNow customers 1.
- The Store lists Service Graph Connector for Armis to feed the Configuration Management Database (CMDB). It also lists Armis Incident Integration and Vulnerability Response Integration 123. A ServiceNow Community thread says the Service Graph Connector moves data one way from Armis into ServiceNow 4.
- Armis brings US$300 million in annual recurring revenue with about 50% year over year growth from US$200 million the prior year. ServiceNow can push demand through its sales reach plus its IT operations base.
If the deal proceeds, system integrators (SIs) can get ahead on unified IT and OT security
- A deal would spur demand from ServiceNow customers for unified IT and OT security that coordinates IT with industrial or clinical systems. SIs can build integration practices early to win work before rivals move.
- Alternatives to Armis include Microsoft Defender for IoT, Amazon Web Services (AWS) IoT Device Defender, and Cisco Cyber Vision 5. SIs should review these tools to spot likely targets, then line up partnerships for lead roles.
- Armis users in those sectors will need help moving workflows into the ServiceNow platform if a deal closes. SIs can prepare transition roadmaps and run integration assessments now.
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