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Stock impact report

ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports [CNBC]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: CNBC
Armis, a cybersecurity firm, was last valued at $6.1 billion during a November funding round. In this article Software company ServiceNow is in advanced talks to buy cybersecurity startup Armis, which was last valued at $6.1 billion , Bloomberg reported The deal, which could reach $7 billion in value, would be ServiceNow's largest acquisition, the outlet said, citing people familiar with the situation who asked not to be identified because the talks are private. The acquisition could be announced as soon as this week, but could still fall apart, according to the report. Armis and ServiceNow did not immediately return a CNBC request for comment. Armis, which helps companies secure and manage internet-connected devices and protect them against cyber threats, raised $435 million in a funding round just over a month ago and told CNBC about its eventual plans for an IPO. Armis CEO Yevgeny Dibrov and CTO Nadir Izrael. Courtesy: Armis CEO and co-founder Yevgeny Dibrov said Show less Read more
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