On December 24, 2025, ServiceNow (NYSE: NOW) made a transformative move in the enterprise software space by acquiring cybersecurity leader Armis for $7.75 billion. This historic acquisition marks a strategic pivot for ServiceNow, solidifying its position as the leading security and intelligence backbone in the global enterprise ecosystem. Traditionally known for its IT Service Management (ITSM) capabilities, ServiceNow aims to integrate Armis’s asset intelligence into its “Now Platform,” enhancing its offerings in AI, cybersecurity, and the Internet of Things (IoT). Founded in 2004 and led by CEO Bill McDermott, ServiceNow operates a subscription-based business model, achieving impressive revenue growth. With a projected $13.21 billion in revenue for 2025 and a focus on consolidating business workflows, ServiceNow is poised to leverage key market trends. As it embraces challenges, such as integration risks and competitive pressures, investor sentiment remains strong, deeming the Armis acquisition a pivotal step towards an AI-driven enterprise future.
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