IPO$7.75B acquisitionServiceNow's $7.75B Armis Deal Bucks 'Saaspocalypse' FearsServiceNow's stock fell 42% in early 2026 on fears AI agents would make enterprise software obsolete, but its $7.75B acquisition of cybersecurity startup Armis helped drive a 41% May rally and outperformance versus Salesforce and Workday.Aug 19, 2026DEEP DIVE