ServiceNow CEO Bill McDermott on buying cybersecurity startup Armis for $7.75 billion deal, gives it an "AI control tower," CEO McDermott tells CNBC

https://www.cnbc.com/2025/12/23/servicenow-armis-cybersecurity-acquisition.html

The enterprise software company said the deal will bolster its cybersecurity capabilities in the age of artificial intelligence and more than triple its market opportunity for security and risk solutions.

“This is about making a strategic move to accelerate growth, and we see the opportunity for our customers,” CEO Bill McDermott told CNBC’s “Squawk on the Street”. “In this AI world, especially with the agents, you’re going to need to protect these enterprises [because] every intrusion is a multimillion-dollar problem.”

“ServiceNow will have the only AI control tower that drives workflow, action and business outcomes across all of these environments,” McDermott added.