ServiceNow can't seem to keep its wallet closed, snaps up small AI analytics company
News of the deal came about two weeks after CEO Bill McDermott swore off any large scale" M&A this year. A spokesperson called this deal a tuck in." Despite its CEO's insistence that it wasn't doing any "large scale" deals soon, ServiceNow has acquired yet another company. This time, the software firm has scooped up Pyramid Analytics, an Israeli corporation with data science and preparation expertise. The goal is to build additional context and semantics into its software stack....