ServiceNow to Acquire Identity Security Firm Veza in Reported $1 Billion Deal 

ServiceNow to Acquire Identity Security Firm Veza in Reported  Billion Deal 

ServiceNow plans to acquire Veza Security to enhance its identity and access management capabilities, especially in AI and cloud environments. Industry experts speculate the deal could be valued over $1 billion, reflecting Veza’s rapid growth and innovative platform. #ServiceNow #VezaSecurity #AI #IdentityManagement

Keypoints

  • ServiceNow announced its intention to acquire Veza Security to strengthen its security offerings.
  • The acquisition is believed to be worth over $1 billion, based on industry reports and funding rounds.
  • Veza Security offers a platform focused on non-human identity management and cloud access security.
  • The platform uses an Access Graph to analyze relationships between human, machine, and AI identities.
  • The deal aims to improve identity and access controls across applications, data, cloud, and AI agents within ServiceNow’s ecosystem.

Read More: https://www.securityweek.com/servicenow-to-acquire-identity-security-firm-veza-in-reported-1-billion-deal/