ServiceNow - Veza

ServiceNow, Inc. (ServiceNow) proposes to acquire Veza Technologies, Inc. (Veza).

ServiceNow is a US software company. It supplies products which automate and simplify manual tasks to facilitate autonomous, coordinated workflows for organisations. These products can be applied across a range of operations including customer workflows (e.g. for order fulfilment), technology workflows (e.g. for IT and risk management and security operations), core business workflows (e.g. for HR employee onboarding) and creator workflows (workflows to support software developers). These services are delivered on ServiceNow’s ‘Now Platform’. ServiceNow also supplies IT security software to organisations via that platform.

Veza is a US security company that supplies Identity Access Management products, which are designed to enable companies to manage access to their data. These products are delivered via Veza’s ‘Access Platform’, which allows companies to monitor privilege access, investigate identity threats, automate access reviews, and introduce access governance to enterprise resources. Veza supplies identity governance and administration solutions, which are solutions that establish and manage the rules and processes governing access to systems. Veza has a very limited presence in Australia.