In this article
Software company ServiceNow is in advanced talks to buy cybersecurity startup Armis, which was last valued at $6.1 billion, Bloomberg reported.
The deal, which could reach $7 billion in value, would be ServiceNow’s largest acquisition, the outlet said, citing people familiar with the situation who asked not to be identified because the talks are private.
The acquisition could be announced as soon as this week, but could still fall apart, according to the report.
Armis and ServiceNow did not immediately return a CNBC request for comment.
