ServiceNow to Acquire Indoor Mapping Disruptor Mapwize to Make Hybrid Work for Everyone
August 11 2021 - 9:00AM
Business Wire
Acquisition empowers employees to confidently
navigate the workplace with native mobile mapping and wayfinding
capabilities for the new world of hybrid work
ServiceNow (NYSE: NOW), the leading digital workflow company
that makes work, work better for people, today announced it has
signed an agreement to acquire Mapwize, an indoor-mapping and
wayfinding company based in Lille, France. With Mapwize,
ServiceNow will provide indoor mapping capabilities for employees
as they reserve seats, conference rooms, workspaces and workplace
resources, as well as navigate offices, from their desktop or
mobile devices. Mapwize capabilities will also help workplace teams
manage and update floor maps based on usage trends and evolving
real-estate needs.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210811005183/en/
ServiceNow to acquire indoor mapping
disruptor Mapwize. (Graphic: Business Wire)
“In the new world of hybrid work, the role of workplace services
has never been more critical in creating great employee
experiences,” said Blake McConnell, SVP of Employee Workflows at
ServiceNow. “With Mapwize, ServiceNow will power the future of
employee experiences by making it easier for people to navigate
their work environment and access the workspace information and
workplace services they need to remain productive.”
To support flexible and agile workplaces, ServiceNow intends to
build Mapwize’s capabilities natively into the Now Platform and the
Workplace Service Delivery Suite.
Mapwize’s mapping solutions, product features and technical
talent will complement and enhance ServiceNow’s existing Workplace
Service Delivery capabilities, including Workplace Space Mapping,
Workplace Reservation Management, Workplace Space Management,
Workplace Visitor Management, Case and Knowledge Management and the
Safe Workplace Suite.
“ServiceNow is the global leader in driving beautiful employee
experiences,” said Médéric Morel, CEO and co-founder of Mapwize.
“We are thrilled to join them in their mission to make the world of
work, work better for everyone. With ServiceNow, we have the unique
opportunity to scale our technology to help global organizations
navigate hybrid work environments. Our technology, paired with the
Now Platform and Workplace Service Delivery Suite, will remove the
stress and time of navigating the workplace, allowing employees to
stay agile and efficient in any environment, on any device.”
Mapwize was founded in 2014 by CEO Médéric Morel and CTO Mathieu
Gerard and is based in Lille, France. ServiceNow expects to
complete the acquisition of Mapwize in Q3 2021. Financial terms of
the deal were not disclosed.
To learn more about how ServiceNow is powering the new world of
hybrid work, visit the ServiceNow blog.
Use of Forward‑Looking Statements
This press release contains "forward–looking statements" about
the expectations, beliefs, plans, intentions and strategies
relating to ServiceNow’s acquisition of Mapwize. Such
forward–looking statements include statements regarding future
product capabilities and offerings and expected benefits to
ServiceNow. Forward‑looking statements are subject to known and
unknown risks and uncertainties and are based on potentially
inaccurate assumptions that could cause actual results to differ
materially from those expected or implied by the forward‑looking
statements. If any such risks or uncertainties materialize or if
any of the assumptions prove incorrect, our results could differ
materially from the results expressed or implied by the
forward‑looking statements we make. We undertake no obligation, and
do not intend, to update the forward‑looking statements. Factors
that may cause actual results to differ materially from those in
any forward‑looking statements include, without limitation,
assimilating or integrating Mapwize’s technology into our platform;
the inability to retain key employees of Mapwize; unanticipated
expenses related to Mapwize’s acquired technology; potential
adverse tax consequences; disruption to our business and diversion
of management attention and other resources; and potential unknown
liabilities associated with Mapwize’s business. Further information
on factors that could affect our financial and other results is
included in the filings we make with the Securities and Exchange
Commission from time to time.
About ServiceNow
ServiceNow (NYSE: NOW) is making the world of work, work better
for people. Our cloud‑based platform and solutions deliver digital
workflows that create great experiences and unlock productivity for
employees and the enterprise. For more information, visit:
www.servicenow.com.
© 2021 ServiceNow, Inc. All rights reserved. ServiceNow, the
ServiceNow logo, Now, and other ServiceNow marks are trademarks
and/or registered trademarks of ServiceNow, Inc. in the United
States and/or other countries. Other company names, product names,
and logos may be trademarks of the respective companies with which
they are associated.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210811005183/en/
Media Relations Jim Brady (408) 482-4719
press@servicenow.com
Investor Relations Darren Yip (925) 388‑7205
ir@servicenow.com
ServiceNow (NYSE:NOW)
Historical Stock Chart
From Nov 2024 to Dec 2024
ServiceNow (NYSE:NOW)
Historical Stock Chart
From Dec 2023 to Dec 2024