M&A Deal Summary

ServiceNow Acquires Gekkobrain

On October 26, 2021, ServiceNow acquired software company Gekkobrain

Acquisition Highlights
  • This is ServiceNow’s 10th transaction in the Software sector.
  • This is ServiceNow’s 1st transaction in Denmark.

M&A Deal Summary
Date 2021-10-26
Target Gekkobrain
Sector Software
Buyer(s) ServiceNow
Deal Type Add-on Acquisition

Target

Gekkobrain

Aarhus, Denmark
website
Gekkobrain develops cloud tools for automatic code migration to HANA and for optimizing SAP performance through unprecedented insight into how customizations perform in the production environment. Gekkobrain was founded in 2015 and is based in Aarhus, Denmark.

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Buyer(S) 1

Buyer

ServiceNow

Santa Clara, California, United States

website

Category Company
Founded 2004
Sector Software
Employees13,096
Revenue 4.5B USD (2020)
DESCRIPTION
ServiceNow's corporate headquarters in Santa Clara, California.
ServiceNow's corporate headquarters in Santa Clara, California.

ServiceNow is a provider of service management software that automates and manages enterprise service relationships. ServiceNow was formed in 2004 and is based in Santa Clara, California.

DEAL STATS #
Overall 20 of 28
Sector (Software) 10 of 14
Type (Add-on Acquisition) 20 of 26
Country (Denmark) 1 of 1
Year (2021) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 Mapwize

Lille, France

Mapwize is an indoor mapping and wayfinding platform for the creation of new digital services inside buildings and events. Mapwize maps are easy to build and even easier to integrate in your Wayfinding, Workspace Management, Maintenance or Security applications. Mapwize was founded in 2014 and is based in Lille, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-23 DotWalk

Solana Beach, California, United States

DotWalk automates upgrades and testing of applications. DotWalk maps business processes and workflows on the Now Platform to proactively identify the tests needed for application changes. DotWalk’s artificial intelligence (AI)-powered regression testing deciphers the optimal number of tests and steps to take for specific instances that go beyond the detail and accuracy achieved by humans. DotWalk is based in Solana Beach, California.

Buy -
Mergr

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