New Delhi, Dec. 25 -- ServiceNow has agreed to acquire cybersecurity startup Armis for $7.75 billion in cash (approx. Rs.64,300 crore), a move aimed at significantly expanding its cybersecurity capabilities.

It being the enterprise software company's largest acquisition till date will bring Armis' cyber exposure management and cyber-physical security expertise, that it has been providing to Fortune 500 companies and governments, into ServiceNow's platform, enabling organizations to better secure IT, operational technology (OT), IoT, and other connected environments.

By adding Armis, ServiceNow expects to more than triple its market opportunity in security and risk solutions and accelerate its shift toward autonomous, proactive cybersecu...