Israel: Not Where We Should Be at Year End |
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Service Now, the California based software company that supplies a cloud computing platform for the creation and management of automated business workflows, yesterday entered into an agreement to acquire the Israeli cyber company Armis for $7.75 billion in cash. Armis, a leader in cyber exposure management and cyber-physical security, manages cyber risk across the full attack surface in IT, operational technology (OT), medical devices, and other environments for companies, governments, and critical infrastructures worldwide.
Amit Zavery, president, chief operating officer, and chief product officer at ServiceNow was quoted as saying: “Together with Armis, we will deliver an industry-defining strategic cybersecurity shield for real-time, end-to-end proactive protection across all technology estates. Modern cyber risk doesn’t stay neatly confined to a single silo, and with security built into the ServiceNow AI Platform, neither will we.”
I am living in Israel 42 years and if anyone would have predicted in 1984 that there would come a time when an Israeli company would be valued at $7.75 billion, they would have found themselves hauled off to a mental institution for evaluation and treatment the very same day.
Remember that in 1984 Israel was experiencing extreme inflation, peaking at........