ServiceNow(US:NOW) Xin Lang Cai Jing·2025-12-23 14:29Core Viewpoint - ServiceNow has agreed to acquire cybersecurity startup Armis for $7.75 billion in cash, aiming to enhance its security capabilities amid increasing cyberattack risks [1][4]. Group 1: Acquisition Details - The acquisition is intended to integrate Armis's security features, such as device scanning, threat detection, and vulnerability prioritization, into ServiceNow's AI-driven platform [1][4]. - The deal is expected to be completed in the second half of 2026 [3][7]. Group 2: Financial Impact - Following the announcement of the potential acquisition, ServiceNow's stock price fell approximately 2%, and it experienced a significant drop of nearly 12% on December 15, resulting in a loss of about $20 billion in market value [5]. - ServiceNow has made several acquisitions recently, including Moveworks for $2.85 billion, Logik.ai for $506 million, and Veza, with financial details undisclosed [5][7]. Group 3: Armis Background - Armis was valued at $6.1 billion during a funding round in November and is preparing for an initial public offering [6]. - Founded in 2015, Armis has set a three-year plan to achieve $1 billion in annual recurring revenue after surpassing the $300 million milestone in August [6].