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Story summary
- ServiceNow announced it will acquire Armis for $7.75 billion in cash, its largest purchase to date.
- The deal is expected to close in the second half of 2026.
- Armis specializes in managing cyber risks across information technology and operational technology.
- The acquisition is projected to expand ServiceNow's market opportunity in security and risk solutions.
- CEO Bill McDermott of ServiceNow emphasized the move's strategic importance for growth and customer protection.
