Inside the $8 billion cybersecurity acquisition that rescued ServiceNow from the Saaspocalypse

Image for article Inside the $8 billion cybersecurity acquisition that rescued ServiceNow from the Saaspocalypse
News Source : Fortune

News Summary

  • ServiceNow paid $7.75 billion in April 2026 for Yevgeny Dibrov's company, Armis.
  • It was the largest acquisition in ServiceNow’s history and the second-biggest pure startup exit in Israeli tech ever.
  • The two are running roughly the same operation they built a decade ago, just bolted onto a company with a $180 billion market cap and thousands of enterprise customers.
  • In May, ServiceNow shares surged 41%, its best performance since going public in 2012.
In 2007, Assaf Rappaport was 24 years old and working inside Unit 81, an elite technology division of the Israeli Defense Forces that builds hardware and surveillance tools.

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