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New Deal


Announced

ServiceNow to acquire Lightstep.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Pending

United States

Software

Private

software development

Majority

Single Bidder

Domestic

Synopsis

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ServiceNow, a digital workflow company, agreed to acquire Lightstep, a provider of observability solutions. Financial terms were not disclosed. "Today, observability primarily benefits the DevOps teams that build and operate mission‑critical apps. We've always believed that the value of observability should extend across the entire enterprise, providing greater clarity and confidence to every team involved in these modern, digital businesses. By joining ServiceNow, together we will realize that vision for our customers and help transform the world of work in the process – and we couldn't be more excited about it," Ben Sigelman, Lightstep CEO.

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