ServiceNow buys NetACE Network Technology from Atrinet (NYSE:NOW).

TLDR:

• ServiceNow to acquire NetACE network management and automation technology from Atrinet.
• Acquisition will enable end-to-end network lifecycle management for telcos on a single digital workflow platform.

In the latest tech M&A news, ServiceNow has announced its agreement to acquire NetACE network management and automation technology from Atrinet. The re-platforming of Atrinet’s NetACE technology into ServiceNow’s platform will provide telcos with end-to-end network lifecycle management capabilities on a single digital workflow platform. This move aims to enhance ServiceNow’s offerings and deepen its relationship with Atrinet.

As part of the acquisition, Atrinet has become a certified ServiceNow Consulting and Implementation Partner, enabling them to provide implementation services to ServiceNow customers. This strategic partnership is expected to drive value for both companies and streamline network management processes for telcos.

Overall, the acquisition of NetACE by ServiceNow represents a significant step in consolidating network management solutions and creating a more seamless experience for telcos in managing their networks efficiently and effectively.