Why ServiceNow Is Eyeing a $7B Buy of Venture-Backed Armis
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Deal Would Move ServiceNow's Cybersecurity Ambitions From the Shadow to Spotlight Michael Novinson (MichaelNovinson) • December 15, 2025

ServiceNow's security business has long been a sleeping giant inside the workflow orchestration behemoth's portfolio. And in recent months, the giant appears to have awoken.
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Despite crossing the $1 billion annual contract value threshold last quarter, ServiceNow's security and risk business has largely flown under the radar of investors and industry analysts alike. The Silicon Valley-based company's security operations product suite was largely developed organically and is a small part of ServiceNow's technology workflows business, which focuses on the entire IT department.
But the company's security ambitions appear to be moving from the shadows to the spotlight.
ServiceNow made a splash on Dec. 2 by reportedly agreeing to spend $1 billion on rising identity security ...
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