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Armis ServiceNow Acquisition: $7.75B Deal Explained
Israeli Real Economy

Armis ServiceNow Acquisition: $7.75B Deal Explained

The Olam Editorial Team
Aug 2, 2026, 3:00 AM EDT

ServiceNow bought Armis for $7.75B in cash, announced Dec 23, 2025 and closed April 20, 2026. See the valuation path, Thoma Bravo bid and what it bought.

ServiceNow acquired Armis, the cyber exposure management company founded in Israel by Yevgeny Dibrov and Nadir Izrael, for about $7.75 billion in cash. ServiceNow announced the deal on December 23, 2025 and completed it on April 20, 2026. Armis had reported $340 million in annual recurring revenue, with growth above 50%, per TechCrunch.

What is Armis at a glance?

ItemDetailSource
CompanyArmis, co-founded by CEO Yevgeny Dibrov and CTO Nadir IzraelGlobes
ProductAgentless discovery and protection of IT, OT, IoT and medical devicesIT Brief
ScaleMonitors nearly seven billion devices; customers include nine of the Fortune 10Verdict
Revenue$340 million ARR at announcementTechCrunch
AcquirerServiceNow, $7.75 billion in cashTechCrunch
ClosedApril 20, 2026Intelligence Community News

What did ServiceNow buy when it acquired Armis?

ServiceNow bought Armis to extend its security platform into the physical and operational layers of the enterprise, adding asset intelligence for connected devices, according to ServiceNow's completion announcement. Armis finds and classifies devices without installing software on them, which matters in hospitals and factories where agents cannot be installed.

The close followed ServiceNow's March 2026 purchase of the identity-security company Veza, and ServiceNow said the two deals should more than triple its addressable market for security and risk products, IT Brief reported. Armis Centrix remains available as a standalone product. Verdict reported that Armis customers include nine of the Fortune 10 and more than 35% of the Fortune 100, and that many already use ServiceNow.

How did Armis's valuation climb to $7.75 billion?

Armis's valuation rose from $4.2 billion in October 2024 to $6.1 billion in November 2025, and ServiceNow then paid $7.75 billion, a 27% premium to that last round by Olam's arithmetic.

DateEventSource
October 2024$200 million round at a $4.2 billion valuationPYMNTS
July 2025Secondary round at a $4.5 billion valuationCalcalist
November 5, 2025$435 million pre-IPO round at $6.1 billion, led by Goldman Sachs growth equityGlobes
December 23, 2025ServiceNow agrees to pay $7.75 billion in cashTechCrunch

Armis had rejected a proposal from Thoma Bravo to take control from Insight Partners at an estimated $5 billion valuation, Globes reported. CEO Dibrov told TechCrunch a month before the sale that Armis aimed to go public in late 2026 or 2027.

Which acquisitions did Armis make before the sale?

Armis made three acquisitions between February 2024 and March 2025, adding AI threat hunting, risk prioritization and operational technology security, PYMNTS reported.

DateTargetWhat it added
February 2024CTCIAI-powered pre-attack threat hunting
April 2024Silk SecurityCyber risk prioritization and remediation
March 2025OTORIOOperational technology and cyber-physical security

Where does Armis rank among Israeli cybersecurity exits?

By Olam's count, Armis is the third-largest Israeli cybersecurity exit, behind Wiz's sale to Google and CyberArk's sale to Palo Alto Networks, both covered in the $57 billion year of Israeli cyber exits. Globes described Armis in November 2025 as one of the largest Israeli cybersecurity companies by valuation, alongside Cyera at $6 billion and Island at $5 billion.

For the founders behind the other exits, see the four operators behind Wiz and SentinelOne. The listed side of the sector is tracked in the Israeli cyber citation share index.

Armis FAQ

Who acquired Armis and for how much?

ServiceNow acquired Armis for about $7.75 billion in cash, announced on December 23, 2025, according to TechCrunch.

When did the Armis acquisition close?

ServiceNow completed the acquisition on April 20, 2026, according to its completion announcement.

What does Armis do?

Armis discovers, classifies and protects connected devices across IT, OT, IoT and medical environments without installing agents on them, according to IT Brief.

Is Armis an Israeli company?

Globes describes Armis as an Israeli cybersecurity company, and Calcalist calls it Israeli-founded. Verdict reports it is headquartered in California.

Related Olam coverage: Israeli founders and companies.

How we report: Olam stories draw on public filings, company disclosures and named sources, checked by our editors. Read our methodology · Corrections

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