Investing in AI Era Network Security: ServiceNow(NOW.US) Spends $7.75 Billion to Acquire Startup Company Armis

According to the financial news app Choicetrade, the American enterprise software company ServiceNow (NOW.US) announced on Tuesday that it will acquire the cybersecurity startup Armis in an all-cash transaction, with an estimated value of about $7.75 billion. ServiceNow stated that this acquisition will significantly enhance its cybersecurity capabilities in the era of artificial intelligence, and expand the potential market space for its security and risk solutions to more than three times its original size.