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ServiceNow said Tuesday it will buy cyber exposure management company Armis for $7.75 billion in cash. 

Why it matters: With Armis signed, Santa Clara, California-based ServiceNow has inked at least seven acquisitions this year.

The IT service management platform's latest buys target agentic AI cybersecurity and threat exposure management.

Catch up quick: San Francisco-based Armis in November raised $435 million in what was one of the largest cybersecurity rounds of the year.

Goldman Sachs Alternatives led the round that came at a $6.1 billion post-money valuation.

Zoom in: ServiceNow says with Armis, it can offer end-to-end security exposure and operations to protect enterprises as they move to quickly adopt AI. 

The deal, funded with a mix of cash-on-hand and debt, is expected to close in the second half of 2026.

ServiceNow (NYS: NOW) shares dropped after news of deal talks broke earlier this month, and are still trading down. 

State of play: ServiceNow said earlier this month it will buy Veza, a startup that offers better visibility into human, machine, and AI agent identities, for more than $1 billion. 

Tidal Partners is acting as financial advisor to ServiceNow, along with J.P. Morgan Securities and Barclays.

ServiceNow to buy Armis for $7.75 billion

The company is targeting deals in agentic AI cybersecurity and threat exposure management.

Illustration of a padlock made of circuitry lines and a photo realistic shackle.

ServiceNow said Tuesday it will buy cyber exposure management company Armis for $7.75 billion in cash. Why it matters: With Armis signed, Santa Clara, California-based <a class="gtmContentClick" data-vars-link-text="ServiceNow" data-vars-click-url="https://www.axios.com/pro/enterprise-software-deals/2025/12/19/servicenow-armis-veza-cybersecurity-deals" data-vars-content-id="9340b06c-6a0f-486d-918d-b62076794a2b" data-vars-headline="ServiceNow to buy Armis for $7.75 billion" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/pro/enterprise-software-deals/2025/12/19/servicenow-armis-veza-cybersecurity-deals" target="_self">ServiceNow</a> has <a class="gtmContentClick" data-vars-link-text="inked at least seven" data-vars-click-url="https://nowben.com/complete-list-of-servicenow-acquisitions-in-2025-logik-ai-veza-and-more/" data-vars-content-id="9340b06c-6a0f-486d-918d-b62076794a2b" data-vars-headline="ServiceNow to buy Armis for $7.75 billion" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://nowben.com/complete-list-of-servicenow-acquisitions-in-2025-logik-ai-veza-and-more/" target="_blank">inked at least seven</a> acquisitions this year.

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ServiceNow to buy Armis for $7.75 billion

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