fromTechzine Global
2 weeks agoServiceNow's 2025 acquisition wave worries Wall Street investors
ServiceNow has spent at least $12 billion on acquisitions and investments this year. The biggest deal ever was last week's $7.75 billion acquisition of cybersecurity startup Armis. Investors fear that the software company is relying too heavily on deals for growth, especially since CEO Bill McDermott built a reputation in this area during his time at SAP. In any case, the acquisition of Armis fits in with what ServiceNow offers.
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