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ServiceNow to Acquire Atrinet NetACE Network Technology for Telcos Transformation.

February 26, 2024

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TLDR:

ServiceNow will acquire Atrinet NetACE Network Technology to accelerate business transformation for telcos by integrating the NetACE technology into the ServiceNow platform. This acquisition will enable end-to-end network lifecycle management for telcos on a single, AI-first digital workflow platform.

ServiceNow, a leading digital workflow company, announced the acquisition of Atrinet NetACE Network Technology to enhance business transformation for telcos at Mobile World Congress in Barcelona.

Article Summary:

ServiceNow, a digital workflow company, has signed an agreement to acquire Atrinet NetACE Network Technology to accelerate business transformation for telecommunications companies (telcos). The integration of the NetACE technology into the ServiceNow platform will allow for comprehensive, end-to-end network lifecycle management for telcos using a single, AI-first digital workflow platform.

By incorporating NetACE technology, ServiceNow aims to streamline network management processes for telcos, providing a more efficient and effective solution for their business transformation needs. This acquisition demonstrates ServiceNow’s commitment to enhancing its offerings and driving innovation in the telecommunications industry.

The acquisition was announced at Mobile World Congress in Barcelona, showcasing ServiceNow’s dedication to expanding its capabilities and providing advanced solutions for telcos. This strategic move highlights the importance of digital transformation in the telecommunications sector and the role that technology plays in facilitating this transformation.

Overall, the acquisition of Atrinet NetACE Network Technology by ServiceNow represents a significant step towards accelerating business transformation for telcos and solidifying ServiceNow’s position as a key player in the digital workflow industry.

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