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 agreed to buy cybersecurity company Armis in an all-cash deal worth $7.75 billion—the largest acquisition in ServiceNow’s history.

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 ...

ServiceNow is a mission-critical software provider with robust recurring revenue, high retention, and accelerating profitability. NOW trades at 41x free cash flow, near the low end of its historical ...

Enterprise software company ServiceNow agreed to acquire nine-year-old cybersecurity startup Armis for $7.75 billion in cash. The deal is a massive valuation jump for the company. Just last month, ...

ServiceNow has announced a $7.8bn deal to acquire security startup Armis at the end of what has been a big year for cybersecurity merger and acquisition (M&A) activity. Best known for its IT service ...

ServiceNow announced a deal to acquire cybersecurity company Armis on Tuesday, marking a new milestone in the software giant’s artificial-intelligence business strategy. The $7.75 billion all-cash ...

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 ...

Dec 23 (Reuters) - ServiceNow on Tuesday agreed to buy cybersecurity startup Armis for $7.75 billion, in the enterprise software maker's biggest-ever deal, as it bolsters its services ‌to help counter ...

‘ServiceNow is building the security platform of tomorrow,’ said Amit Zavery, president, chief operating officer, and chief product officer at ServiceNow, in a statement. ServiceNow said Tuesday it ...

Artificial-intelligence software company ServiceNow NOW0.47%increase; green up pointing triangle agreed to acquire cybersecurity startup Armis for about $7.75 billion in cash in a move intended to ...

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 ...