ServiceNow Negotiating to Purchase Cybersecurity Firm Armis in Possible $7 Billion Agreement, According to Bloomberg
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 14 2025
0mins
Source: CNBC
Acquisition Talks: ServiceNow is in advanced negotiations to acquire cybersecurity startup Armis, valued at $6.1 billion, with the deal potentially reaching $7 billion, marking ServiceNow's largest acquisition to date.
Market Conditions: The acquisition could be announced soon, but there is a possibility it may not finalize, as many startups are opting for acquisitions over IPOs due to uncertain market conditions.
Armis's Growth: Founded in 2016, Armis has achieved over $300 million in annual recurring revenues and recently raised $435 million in funding, indicating strong financial performance.
Investor Backing: The latest funding round for Armis was led by Goldman Sachs Alternatives, with participation from notable investors like CapitalG, Sequoia Capital, and Bain Capital Ventures.
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Analyst Views on ASUR
Wall Street analysts forecast ASUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASUR is 17.21 USD with a low forecast of 11.00 USD and a high forecast of 34.28 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 9.810
Low
11.00
Averages
17.21
High
34.28
Current: 9.810
Low
11.00
Averages
17.21
High
34.28
About ASUR
Asure Software, Inc. is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. Its HCM suite, AsureHCM, includes Payroll & Tax solutions, Recruiting, HR compliance and services, Time & Attendance software, Insurance and Benefits Administration. Its AsureMarketplace automates interactions between its HCM systems with third-party providers and extends the range of services offered to employers and their employees. It offers these services directly and indirectly through its network of reseller partners. It provides three levels of HR services: HR support, which provides an on-demand HR resource library, phone and email support for any HR issues and compliance and policy updates; Strategic HR, which provides more in-depth support for strategic HR decision making, and Total HR, which offers a complete HR outsourcing solution. Its AsureRecruiting is a robust talent acquisition solution.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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