ServiceNow announces a deal to acquire identity security startup Veza, sources say for between $1B and $1.5B; Veza had a private valuation of $808M in March (Valida Pau/The Information)
PositiveArtificial Intelligence

- ServiceNow has announced a deal to acquire the identity security startup Veza for an estimated price between $1 billion and $1.5 billion. Veza was valued at $808 million in March, indicating significant growth and interest in the identity security sector.
- This acquisition is a strategic move for ServiceNow, aiming to enhance its capabilities in identity security, which is increasingly critical in the digital landscape. The deal reflects ServiceNow's commitment to expanding its portfolio and addressing the growing demand for security solutions.
— via World Pulse Now AI Editorial System
