Cybersecurity

ServiceNow to Buy Cyber Startup Armis for $7.75 Billion

Why ServiceNow Is Buying Cyber Startup Armis for $7.75 Billion

ServiceNow Inc. has reached a deal to buy the cybersecurity startup Armis in a deal valued at $7.75 billion, representing its largest acquisition to date.

The Santa Clara, California-based enterprise tech company will pay in cash for San Francisco-based Armis, according to a statementBloomberg Terminal Tuesday that confirmed an earlier Bloomberg News report.