Artificial intelligence platform developer ServiceNow has agreed to acquire Armis for $7.75 billion in cash to expand its security workflow offerings and drive artificial intelligence-based proactive ...
ServiceNow Inc. Chief Executive Officer Bill McDermott extended his contract to remain with the software provider through at least the end of 2030. McDermott, 64, was named CEO in November 2019 after ...
I'm reiterating a Sell rating on ServiceNow, Inc. after its $7.75B Armis acquisition at a steep 23x ARR multiple. NOW's aggressive "growth at all costs" approach, including the Armis and Moveworks ...
ServiceNow's Armis deal is its biggest Deal to boost cybersecurity offerings ServiceNow shares fall about 3% Dec 23 (Reuters) - ServiceNow (NOW.N), opens new tab on Tuesday agreed to buy cybersecurity ...
ServiceNow continues its aggressive shopping spree to build out its cybersecurity capabilities with an agreement to acquire Armis, an information technology/operational technology (IT/OT) ...
Rumors of a possible buyout surfaced earlier this month, with the official announcement coming just weeks after Armis announced raising $435 million. IT services giant ServiceNow (NYSE: NOW) has ...
ServiceNow’s stock saw a rare double-digit percentage drop on Monday, and two factors seem to be driving the pressure. One is a report from Bloomberg News from over the weekend, which said the ...
Bloomberg reported ServiceNow is eying a $7 billion cybersecurity acquisition. A Wall Street analyst also downgraded shares due to the disruptive potential of generative AI. The dual bits of news led ...
On Monday, Bloomberg News reported that ServiceNow is in advanced talks to acquire Armis, a private U.S.-Israeli cybersecurity company that protects internet-connected devices from advanced threats.
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
The analyst writes that the recent trends in IT back-office employment raise concerns that ServiceNow could face AI-related pressure in the coming quarters. While ServiceNow's own AI offerings use a ...