ServiceNow acquires Neebula

ServiceNow has signed an agreement to acquire Neebula Systems for approximately $100 million in an all-cash transaction that is expected to close this month. Neebula’s flagship product, ServiceWatch, automates the discovery, mapping, and monitoring of IT-enabled enterprise services. This addition will become an integral part of the ServiceNow IT Operations Management portfolio.

"ServiceWatch will become a centerpiece of our IT Operations Management strategy,” said Frank Slootman, president and chief executive officer, ServiceNow. “It is a fundamental transformation from decades of component-centric management to one that puts the service portfolio front and center. It provides further validation that the future of systems management will be shaped through a business service lens, which can only be achieved through a single, integrated service model and workflow.”


“Neebula is very excited to be part of the ServiceNow team,” said Yuval Cohen, co-founder and CEO of Neebula. “We had a vision to transform the ITOM market by automating the creation and maintenance of service models. The combination of ServiceWatch’s powerful capabilities with ServiceNow’s ITOM solutions and market position, will allow us to better help enterprises realize the benefits of true service management.”
 

Keepit's survey highlights the risks of relying solely on native SaaS backups, underscoring the...
Hitachi Vantara offers new storage solutions on Azure for improved management and cost-efficiency.
Nokia is hailed as the leading core network vendor in Omdia's 2025 report, excelling in...
Financial institutions benefit from hosted private cloud solutions, balancing modernisation with...
HANDD Business Solutions teams up with Cloudhouse to modernise legacy systems and protect sensitive...
Node4 launches a partner support program to aid former VMware partners adapt to the changes...
IONOS deploys the latest supercomputing technology for advanced AI and data applications in a...
DE-CIX begins operations in São Paulo, enhancing Brazil's digital connectivity with cutting-edge...