.
MergerLinks Header Logo

New Deal


Announced

ServiceNow to acquire Era Software.

Financials

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

Tags

Edit

Single Bidder

observability and log management

Friendly

Majority

Software

United States

Domestic

Pending

Private

Acquisition

Synopsis

Edit

ServiceNow, a software company, agreed to acquire Era Software, a provider of observability and log management innovations. Financial terms were not disclosed. "At Era Software, we created solutions to simplify the complex challenges of managing large volumes of observability data, with a particular focus on log management. We have always believed that observability should span across the enterprise. We are excited to join ServiceNow, as we further build a customer‑centric model of observability that can help transform the way people work," Todd Persen, Era Software CEO and co‑founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US