M&A Deal Summary

ServiceNow Acquires Quality 360

On February 26, 2025, ServiceNow acquired software company Quality 360 from Advania

Acquisition Highlights
  • This is ServiceNow’s 16th transaction in the Software sector.
  • This is ServiceNow’s 1st transaction in Sweden.

M&A Deal Summary

Date 2025-02-26
Target Quality 360
Sector Software
Buyer(s) ServiceNow
Sellers(s) Advania
Deal Type Divestiture

Target

Quality 360

Stockholm, Sweden
Quality 360 delivers AI-powered root cause analysis, automated issue detection, and structured resolution frameworks. Quality 360 is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

ServiceNow

Santa Clara, California, United States

Category Company
Founded 2004
Sector Software
Employees26,293
Revenue 11.0B USD (2024)
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 31 of 32
Sector (Software) 16 of 17
Type (Divestiture) 3 of 3
Country (Sweden) 1 of 1
Year (2025) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-17 Cuein

Belmont, California, United States

Cuein is a provider of AI native conversation data analysis and insight and is headquartered in Belmont, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-10 Moveworks

Mountain View, California, United States

Moveworks transforms how businesses operate by providing an agentic AI assistant connecting all enterprise systems. This allows organizations to transform how they operate and simplifies how employees across a company access information, automate tasks, and get support. Moveworks is based in Mountain View, CA and has offices in Austin, Bangalore, New York, San Francisco, and Toronto.

Buy $2.9B

Seller(S) 1

SELLER

Advania

Stockholm, Sweden

Category Company
Sector Software
Employees3,956
DESCRIPTION

Advania is a provider of software, consulting, hardware, information technology operations, hosting, and data center services. The company specializes in providing customers with a diverse but integrated range of solutions and services, a competent and innovative professional staff, and proven managerial skills. Advania is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-28 Visuell Teknik

Solna, Sweden

Visuell Teknik provides custom audio-visual solutions adapted to customers' unique needs. It focuses on technology for meeting rooms, sound and image solutions, and digital signage. The company has extensive experience in working with both small and large projects, public and private, and offers planning, installation, service, and support. Visuell Teknik is based in Solna, Sweden.

Buy -