ServiceNow to acquire cybersecurity startup Armis for $7.75B

Enterprise software company ServiceNow agreed to acquire Armis, a nine-year-old cybersecurity startup, for $7.75 billion in cash. This deal is a huge jump in the valuation of the company. Just last month, Armis raised a $435 million pre-IPO funding round, valuing the company $6.1 billion, Armis co-founder and CEO Yevgeny Dibrov told TechCrunch last month…

Read More

ServiceNow’s acquisition of Moveworks is reportedly being reviewed over antitrust concerns

Enterprise AI Startup Moveds’ acquisition of Serviceeno is allegedly conducting regulatory investigation. The acquisition is currently reviewing for mistrust by the US Department of Justice, Bloomberg according toWhich cited familiar sources from the case. The investigation began in June, Bloomberg said, and both companies have since received the “second request”, which has been calling for…

Read More