business • CNBC • 6 months ago

ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports - CNBC

ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports - CNBC

Software company ServiceNow is in advanced discussions to acquire Armis, a cybersecurity startup last valued at $6.1 billion.

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This is capitalism on steroids - a grotesque display of the tech elite engulfing smaller players to monopolize power and profits. ServiceNow's $7 billion devouring of Armis is not about innovation; it's about silencing competition and reinforcing the digital feudalism where a few corporations hold all the keys. Workers' rights and public welfare get trampled as these giants play their game of thrones, exacerbating inequality and undermining democracy.

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