ServiceNow to Buy Israeli Cybersecurity Firm Armis for $7.75B

U.S. software giant ServiceNow has agreed to acquire Israeli cybersecurity firm Armis for $7.75 billion, in one of Israel’s largest high-tech exits. The deal’s final value could exceed $8 billion once retention grants are included. Armis, founded in 2016, specializes in protecting connected devices and operational technology from cyber threats.