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ServiceNow to Acquire Belgium based Data Management Pioneer Sweagle

23Jun By PriyankaNo Comments

ACQUISITION

ServiceNow to Acquire Belgium based Data Management Pioneer Sweagle

SANTA CLARA, Calif., 23rd June 2020-- ServiceNow (NYSE: NOW), the leading digital workflow company making work better for people, has signed an agreement to acquire Sweagle, a Belgium-based configuration data management company. The transaction will extend ServiceNow’s DevOps and IT Operations Management (ITOM) capabilities, giving customers the ability to leverage machine learning to identify and help prevent potential misconfigurations from causing outages in production and speeding up remediation. COVID-19 has magnified the importance for organizations to quickly adapt technology to meet changing customer and employee needs. Sweagle provides a single source of truth for configuration data that is otherwise spread across many tools. With Sweagle, ServiceNow customers can identify ...

IBM acquires cloud cybersecurity management company Spanugo

ARMONK, N.Y., June 15, 2020-- IT major IBM acquire Spanugo, a US-based provider of cloud cybersecurity posture management solutions. To further meet the security demands of its clients in highly regulated industries, IBM will integrate Spanugo software into its public cloud. Late last year, IBM announced it designed the world's first financial services public cloud to help address the requirements of financial services institutions for regulatory compliance, security and resiliency. Once available, it will provide preventative and compensatory controls for financial services regulatory workloads, multi-architecture support and proactive and automated security, leveraging the industry's highest levels of encryption certification. The addition of Spanugo software will help accele...

Druva Raises $130 Million to Power Data Protection for the Cloud Era

Sunnyvale, Calif., United States: Druva, Inc., the leader in Cloud Data Protection and Management raises $130 million funding led by Viking Global Investors, pushing total capital raised to $328 million. The round also included participation from new investors including certain funds advised by Neuberger Berman and Atreides Management, as well as existing investors including Riverwood Capital, Tenaya Capital, and Nexus Venture Partners. The investment will be used to fuel growth and global expansion, as well as drive new product innovations. Druva’s success has been fueled by the rapid growth of enterprise cloud adoption, a massive proliferation in data, and an evolving regulatory landscape. With a market size expected to reach $55 billion by 2020 according to IDC*. Built on...