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 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 ...
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 ...
ServiceNow Inc. is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as $7 billion and would represent the tech company’s largest acquisition to date. A ...
An analyst worries ServiceNow will come to be viewed by investors as a software company at risk of AI disruption. ServiceNow's stock saw a rare double-digit percentage drop on Monday, and two factors ...
ServiceNow’s planned $1 billion acquisition of Veza aims to unify identity governance with workflow automation to control AI agents at scale. ServiceNow has announced its intent to acquire Veza, an ...
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the AI control tower for business reinvention, today announced it has completed its acquisition of Moveworks. The acquisition advances ...
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 ...
Enterprise software firm ServiceNow has entered advanced negotiations to acquire cybersecurity company Armis for up to $7 billion, marking what could become the company’s largest acquisition in ...
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ServiceNow in advanced talks to acquire cybersecurity startup Armis for upto $7 billion, says report
After Alphabet and Paolo Alto Networks, tech company ServiceNow Inc., is in advanced talks to buy Armis, and Israeli military veterans-run cybersecurity ffor up to $7 billion, Bloomberg reported ...
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