ServiceNow Completes Acquisition of Cybersecurity Firm Armis
ServiceNow (NOW) saw a 0.4% increase in its stock price following the completion of its $7.75 billion acquisition of cybersecurity company Armis. The acquisition aims to expand ServiceNow's security platform into physical and operational layers of enterprises, enhancing its capabilities in deploying AI with trust and control. The move comes amid a broader trend of ServiceNow acquiring cybersecurity firms, including Veza earlier this month.
Tickers: $NOW
Topics: acquisition Armis cybersecurity ServiceNow