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News  ›  Benzinga

ServiceNow In Talks To Buy Cybersecurity Unicorn Armis

Benzinga Logo Benzinga • •By Akanksha Bakshi
ServiceNow In Talks To Buy Cybersecurity Unicorn Armis

ServiceNow is in advanced talks to acquire cybersecurity firm Armis for potentially up to $7 billion, which would be the company's largest acquisition to date. Armis, a U.S.-Israeli cybersecurity startup, serves over 40% of Fortune 100 companies and was last valued at $6.1 billion.

Insights
SMLR   neutral

Mentioned in context of a potential merger, but no specific details about current performance were provided


NOW   neutral

Pursuing strategic acquisition but stock price dropped 8.11% on the day, with an analyst downgrade