ServiceNow to pay $8B for Armis. Israel creates 30K EU jobs. Domestic energy sector powers up | TV10 Daily
Re: December 23, 2025 in Israel - and what it all means for investors at home and abroad.
Israeli-founded Armis to be acquired for ~$8B
American enterprise software giant ServiceNow (NYSE:NOW) announced it will acquire Israeli-founded American cybersecurity company Armis Security for ~$8B in an all-cash deal. The deal aims to give ServiceNow complete security visibility across IT, IoT, and OT environments in the age of AI. ServiceNow stock fell nearly 3% midday - the transaction is expected to close in the second half of 2026.
“AI is transforming the threat landscape faster than most organizations can adapt. Every connected asset has become a potential point of vulnerability,” said Yevgeny Dibrov, the Israeli co-founder and CEO of Armis.
Dibrov was born in Ukraine and immigrated to Israel as a child. He co-founded Armis with Nadir Izrael in 2016. The deal was met with the requisite celebratory reaction in the Israeli tech community. We’re rounding out a year with $90B in closed deals - the Armis transaction, once closed, will make a nice dent in next year’s tally.
“This deal is a bet on who controls the gates to the enterprise stack. Armis built visibility at the point where digital complexity turns into risk, and ServiceNow understood it couldn’t afford not to own that layer,” commented Moran Chamsi, Managing Partner of Amplefields Investments.
Israeli startups now employ 30,000 Europeans
A new report released today by EIT Hub Israel, Planven, and KPMG shows how far Israeli startups have advanced in Europe. The days of opening a tiny sales office in London are over. Instead, Israeli firms now employ over 30,000 people across the continent, with the workforce growing at a steady 4.8% clip annually.
What stands out in the data is the maturity of these players - these aren't Seed companies. 60% of Israeli companies in Europe are veterans with 8 to 12 years of operations under their belts. Even more telling is who they are hiring. Nearly 40% of the European workforce is now dedicated to R&D, signaling that Israeli firms are leveraging Europe’s engineering talent, rather than just its consumers.
While traditional hubs like Germany, Spain, and France still lead, the smart money is moving eastward, establishing cost-effective operations centers in Poland, Romania, and the Czech Republic.
To see this trend in action, look to Turbogen (TASE:TURB). TV10 has reported that this Israeli developer of multi-fuel micro-turbines just signed a strategic supply agreement with a major European manufacturer to kickstart serial production.
Israel’s domestic energy sector powers up
While tech looks to the U.S. and Europe, the energy sector is holding down the home front. According to a new report released this morning by BDO, Israel’s natural gas reserves are sufficient to power the economy until at least 2062.
Crucially, this forecast holds true even while maintaining the massive export contracts which underpin the regional peace with Egypt and Jordan (and possibly soon, in Syria).
This data reveals an unexpected trend.
Despite soaring domestic consumption and record-breaking exports, Israel’s proven gas reserves have actually grown by 40% since 2012, currently standing at 1,044 BCM. This abundance has created a remarkable economic decoupling. While global gas prices have surged by an average of 57% in recent years, domestic prices in Israel have dropped by 20% due to the competitive framework, saving the average household about ₪1,190 per month.
This afternoon, NewMed Energy (TASE:NWMD) and its partners approved a $106 million engineering budget for the Aphrodite field off Cyprus. The move paves the way for a floating production facility that will eventually pipe gas directly to Egypt, further cementing the Israel-Cyprus-Egypt energy triangle. This comes as Israel and Cyprus conduct security talks with Greece.
On the domestic grid, Energy Minister Eli Cohen greenlit a ₪1B project today to bury high-voltage transmission lines underground. While the official logic cites grid reliability and safety against extreme weather, the real economic driver here is real estate. This utility upgrade clears residential zones of massive pylons and their potentially harmful radiation, effectively unlocking high-value land for construction.
TASE snapshot for Tuesday, Dec. 23, 2025
TA-35 Index (TASE:TA35): 🟢 +0.07%
TA-90 (TASE:TA90): 🟢 +0.31%
TA-125 (TASE:TA125): 🟢 +0.12%
That’s our Tuesday here in Israel 🎉
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