ServiceNow to buy Armis for $7.75 billion as AI-fueled cyber risks surge

ServiceNow on Tuesday agreed to buy cybersecurity startup Armis for $7.75 billion, in the enterprise software maker’s biggest-ever deal, as it bolsters its services to help counter ‌rising cyberattacks ‌driven by AI adoption.

Through the deal, the company aims to integrate Alphabet-backed Armis’ security features such ‌as device scanning and threat detection, a crucial advantage amid sophisticated cyberattacks that have hit companies ranging from Microsoft to UnitedHealth Group.