ServiceNow is reportedly in advanced discussions to acquire Armis, a San Francisco-based cybersecurity startup, in a deal valued at approximately $7 billion. This acquisition would mark one of ServiceNow’s most significant strategic moves as the workflow automation giant continues to expand its security capabilities and strengthen its position in the enterprise technology market.

About Armis

Founded in 2015 by Yevgeny Dibrov and Nadir Izrael, both Israel Institute of Technology graduates with backgrounds in the Israel Defence Forces software units, Armis has become a leader in cybersecurity asset management. The company’s flagship Centrix platform provides real-time visibility, risk assessment, and protection across an organisation’s entire digital attack surface.

Armis has demonstrated impressive growth, reaching $300 million in annual recurring revenue earlier this year, up from $200 million the previous year. The company was last valued at $6.1 billion following a $435 million funding round in November 2024. Its client roster includes major organisations such as Colgate-Palmolive, United Airlines, and NHS South Wales.

Strategic Implications

This acquisition aligns with ServiceNow’s aggressive expansion strategy in the security space. Earlier this month, ServiceNow acquired identity security startup Veza for an undisclosed sum, and in March, the company purchased AI firm Moveworks. The potential Armis deal represents ServiceNow’s commitment to building a comprehensive security portfolio that complements its workflow automation platform.

For ServiceNow professionals and organisations invested in the ecosystem, this acquisition signals continued innovation and expansion of security capabilities within the platform. As the deal nears completion, industry watchers expect the integration of Armis’s technology to enhance ServiceNow’s security offerings and create new opportunities for implementation and specialisation.

The deal is expected to be announced within days, pending final negotiations.