Acquisitions have been a huge part of ServiceNow’s strategy since 2013, when the company made its very first acquisition. Since then, around 40 companies have been acquired.
But in the last few years, ServiceNow has significantly stepped up both the pace and scale of acquisitions. Unsurprisingly, much of this has involved AI companies, with a particular focus on AI governance and security. Most notably, the three largest acquisition deals in ServiceNow’s history have all been made in the last year: Moveworks, Armis, and Veza.
This article will track ServiceNow acquisition updates in 2026 – we’ll continue to update this with new information as it’s announced.
February
February 12: Pyramid Analytics and ServiceNow Announce Acquisition
Pyramid Analytics specializes in complex data analytics for enterprises. It was first established in Israel in 2008 by Omri Kohl and Avi Perez, and is now headquartered in Amsterdam, The Netherlands. The ServiceNow acquisition was announced in February this year, in a deal that was reportedly worth ‘hundreds of millions’.
The company’s USP is in bringing complex data to life through a straightforward, conversational interface. The AI-powered technology enables users to interact with business data through plain text queries, asking straightforward questions like “which suppliers pose the highest risk” and “where are we seeing customer churn”.
For ServiceNow, this was the key attraction of Pyramid Analytics. When announcing the acquisition, ServiceNow said that it expects the technology to “help organizations turn data into action by embedding intelligence directly into workflows that run the business”.
March
March 2: Veza and ServiceNow Close Acquisition Deal
Like Armis, the Veza acquisition was first announced in the final weeks of 2025 – and closed in March this year. This is another of ServiceNow’s largest acquisition deals, with rumors suggesting it cost more than $1B. This would make it one of the three largest ServiceNow acquisitions of all time, along with Armis and Moveworks (announced in 2025).
Veza focuses on identity-based security, which is becoming an increasingly important focus in the cybersecurity scene. The technology enables customers to control who and what has access to sensitive data, applications, systems, and AI products. It aims to provide real-time visibility into these identities and access permissions through a straightforward visual interface – which Veza calls its ‘Access Graph’. Crucially, it goes beyond just human identities, specializing in machine identities like AI agents. Unsurprisingly, this is a key part of its appeal to ServiceNow customers.
As with Armis, ServiceNow has already announced that Veza’s technology will underpin its new Autonomous Security and Risk product.
March 2: ServiceNow and Traceloop Announce Acquisition Deal
On the same day as news of Veza’s acquisition closure broke, ServiceNow also announced the acquisition of yet another security company: Traceloop. The price of the acquisition wasn’t officially disclosed, but is rumored to be between $60M-$80M.
Traceloop is the youngest company on this list, having been founded just over two years ago by Nir Gazit (CEO) and Gal Kleinman (CTO). The security vendor specializes in observability and governance for AI agents. Given ServiceNow’s huge focus on AI security and governance, it’s no surprise that the Israeli startup caught its eye. The technology will be added to ServiceNow’s AI Control Tower, aiming to provide detailed visibility and auditability to both ServiceNow and third-party AI agents.
April
April 20: ServiceNow Closes Armis Acquisition – Its Largest-Ever Deal
ServiceNow announced the closure of its largest-ever acquisition just a few weeks before the biggest event in ServiceNow’s calendar: Knowledge 2026. The $7.75B deal was first announced at the end of 2025 and is expected to more than triple ServiceNow’s market opportunity for security and risk solutions.
Armis specializes in identifying and managing IT assets, with a particular focus on operational technology (OT), as well as internet of things (IoT), and medical devices. This technology will now play a crucial role in ServiceNow’s new Autonomous Security and Risk product, announced at Knowledge 2026.
However, the deal’s large price tag has had plenty of controversy. In fact, ServiceNow’s ambitious (read: expensive) acquisition could be seen as one of several reasons why its stock price has fallen sharply over the last year. More recently, the company said it expects a roughly 75 basis point headwind to its 2026 operating margin as a result of the deal.
ServiceNow’s Acquisition Strategy: What to Expect in 2026
Cybersecurity is clearly a huge focus for ServiceNow in 2026 and beyond. Armis, Veza, and Traceloop are all security companies – and the first two of these have both commanded some of the biggest price tags in ServiceNow acquisition history. But, more specifically, all three companies specialize in agentic AI security – though admittedly in slightly different ways. Clearly, AI governance and security remain a huge priority for ServiceNow in 2026.
But what can we expect from ServiceNow’s acquisition strategy through the rest of 2026? Given investor concerns over the mammoth Veza and Armis acquisition costs, there’s a good chance that ServiceNow’s acquisition strategy could slow down in the months to come.
Indeed, ServiceNow CEO Bill McDermott suggested this would be the case in a recent investor call, saying, “We’re not going after anything large. We now have them in the family and we’re going to grow them like we do everything else.”
That being said, there’s every chance ServiceNow could make smaller acquisitions like Traceloop and Pyramid Analytics in the next few months. In fact, both of these have been announced since McDermott made those comments.
Either way, we’ll be keeping this page up to date with any further changes as and when they’re announced.