ServiceNow Finalizes $7.75 Billion Armis Acquisition to Bolster AI Security

ServiceNow (NYSE: NOW) has officially closed its acquisition of cybersecurity company Armis, a transaction first announced in December. The deal, valued at approximately $7.75 billion in cash, is intended to extend the company's security platform into the physical and operational layers of the enterprise. According to the company, the integration of Armis provides the cyber asset intelligence foundation and business context necessary for enterprises to deploy agentic artificial intelligence (AI) at scale. This strategic move allows ServiceNow to offer more robust control and trust for AI implementations across diverse corporate environments. This transaction is part of a wider cybersecurity expansion strategy. Last month, ServiceNow finalized the acquisition of identity security firm Veza. While the company did not disclose the specific purchase price for Veza, industry reports suggest the cost exceeded $1 billion. To finance the Armis acquisition, ServiceNow utilized a combination of debt and cash reserves. As of the end of 2025, the company maintained a strong liquidity position with nearly $6.3 billion in cash and short-term investments, while its long-term debt remained under $2.3 billion. Market reaction to the closing of the deal was positive. ServiceNow shares rose 0.4% on Tuesday, managing to gain ground even as the benchmark S&P 500 index finished the trading session in negative territory.