Baker McKenzie is serving as lead legal adviser to ServiceNow, the leading digital workflow company making work, work better for people, in its agreement to acquire Sweagle, a Belgium-based configuration data management company. The transaction will extend ServiceNow’s DevOps and IT Operations Management capabilities, giving customers the ability to leverage machine learning to identify and help prevent potential misconfigurations from causing outages in production and speeding up remediation.
COVID-19 has magnified the importance for organizations to quickly adapt technology to meet changing customer and employee needs. Sweagle provides a single source of truth for configuration data that is otherwise spread across many tools. With Sweagle, ServiceNow customers can identify and intercept application and infrastructure inconsistencies during agile development cycles.
“With capabilities for configuration data management from Sweagle, we will empower DevOps teams to deliver application and infrastructure changes more rapidly while reducing risk,” said RJ Jainendra, vice president and general manager of DevOps and IT Business Management at ServiceNow. “Sweagle also brings deep DevOps talent to ServiceNow. Both founders are pioneers in configuration data management, and we are honored to have this talent join our team as we continue to help customers compete and win in a digital economy.”
The Baker McKenzie Corporate team was led by, in the United States, Leif King, Derek Liu, Justin Bryant, Amanda Bradley, and Mallory Craig-Karim, and in Belgium, Koen Vanhaerents, Pieter-Jan Denys, Céline Somers, and Bruno Schroe. A multidisciplinary team from across the Firm's offices in North America and Europe includes Thomas Asmar and Nicholas Paul (Benefits); Benjamin Ho, Nancy Luyten, Sebastian Burg, Bernd De Marrez, and Adeola Olowude (Employment & Labor); Marcela Robledo, Elisabeth Dehareng, Michael De Vroey and Noelle Pineux (IP & Privacy); and Luc Meeus (Tax).
Baker McKenzie is one of the leading firms for cross-border transactions, providing strategic advice on deals involving the world’s leading financial institutions and multinational companies. From deal inception to business integration, we provide an end-to-end service that helps clients bridge the gap between aspiration and achievement.
ServiceNow expects to complete the acquisition at the beginning of Q3 2020.