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MarketBeat
MarketBeat
Jeffrey Neal Johnson

Checkmate in the Cloud: ServiceNow's Shopping Spree

ServiceNow NOW Veza MarketBeat

ServiceNow (NYSE: NOW) is acquiring identity security startup Veza for over $1 billion—a move that underscores a much larger strategy in motion.

For investors, this is the latest and clearest signal of a much larger ambition. ServiceNow is executing a well-funded, calculated roll-up strategy, methodically acquiring critical pieces of the enterprise artificial intelligence (AI) puzzle.

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