“Modern cyber risk doesn’t stay neatly confined to a single silo, and with security built into the ServiceNow AI Platform, neither will we.”

In 2023, Armis co-founder and CEO Yevgeny Dibrov told CRN it was ramping up efforts to achieve an initial public offering.

As of December 2025, the company is valued at US$1.6 billion, raising US$435 million in its November fundraising round.

“We built Armis to protect the most critical environments and give both public and private sector organisations the real-time intelligence they need to stay ahead – so they can see their entire environment clearly, understand risk in context, and take action before an incident occurs,” Dibrov said on the acquisition.

“Together with ServiceNow, customers will have a powerful new way to reduce their exposure and strengthen security at scale.”

ServiceNow has projected that end-user spending on information security is set to increase by 12.5 per cent in 2026, rising to an over $200 billion sector. They attribute this growth to the expansion and threats that generative AI is bringing to a range of industries.

The acquisition will “extend and enhance ServiceNow’s security, risk, and OT portfolios in critical and fast-growing areas of cyber security and drive increased AI adoption by strengthening trust across businesses’ connected environments”, according to the company.

The acquisition confirms reports from last month where ServiceNow was believed to be in “advanced talks” with Armis.

Also in December, ServiceNow acquired Moveworks, a “front-end AI assistant, enterprise search, and agentic reasoning engine”, while just prior, the company announced that it had signed an agreement to acquire Veza, a data security platform firm, for what is believed to be over US$1 billion.