ServiceNow (NYSE: NOW), a Santa Clara, CA-based digital workflow company, has signed an agreement to acquire NetACE™ network management and automation technology from Atrinet, a Hod-Hasharon, Israel-based telecommunications company.
The amount of the deal was not disclosed. ServiceNow expects to close the acquisition of Atrinet NetACE in Q2 2024.
Through this acquisition, ServiceNow will enable telcos to manage essential network processes including discovery, activation, field service, incident management, and initiating workflows, all from a single platform.
Led by Efi Levi, CEO and Founder, Atrinet NetACE cloud-native product suite provides a low-code approach to automating all discovery, provisioning, and network management processes for telcos under an open network, unified management system.
In conjunction with the sale of NetACE to ServiceNow, Atrinet has become a certified ServiceNow Consulting and Implementation Partner. This partnership aims to deepen ServiceNow’s relationship with Atrinet and expand their offerings to provide implementation services to ServiceNow customers.
FinSMEs
26/02/2024