ServiceNow Acquires Neebula

  ServiceNow Acquires Neebula

         Expands IT Operations Management Portfolio with ServiceWatch

Business Wire

SANTA CLARA, Calif. -- July 9, 2014

ServiceNow(NYSE:NOW), the enterprise IT cloud company, today announced that
it 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.”

The addition of ServiceWatch will augment the capabilities of other ServiceNow
IT Operations Management products such as Event Management, Orchestration and
Discovery.More information is available at www.servicenow.com.

About ServiceNow

ServiceNow is the enterprise IT cloud company. We transform IT by automating
and managing IT service relationships across the global enterprise.
Organizations deploy our service to create a single system of record for
ITandautomate manual tasks, standardizeprocesses and consolidatelegacy
systems. Using our extensible platform, our customers create custom
applicationsandevolve the IT service model to service domains inside and
outside the enterprise. ServiceNow transforms IT from the department of no to
the department of now. For more information, visitwww.servicenow.com.

Contact:

ServiceNow
Steve Schick, 408-961-2349
press@servicenow.com
or
Schwartz/MSL
Kim McCrossen, 781-684-6253
servicenow@schwartzmsl.com
 
Press spacebar to pause and continue. Press esc to stop.