Serve immediately (NYSE: NOW), a digital workflow company based in Santa Clara, California, will acquire Intellibot, a robotic process automation (RPA) company based in Hyderabad, India.
The transaction amount was not disclosed. ServiceNow plans to complete the acquisition of Intellibot in the second quarter of 2021.
This acquisition supports ServiceNow’s broader participation in the Indian market. The company plans to develop two new data centers in India by the first quarter of 2022. These new data centers will meet local data residency requirements and continue to support the scalability of the company’s cloud services. ServiceNow also plans to double its number of employees in the country in the next three years, and intends to integrate Intellibot functionality locally into the Now platform, enabling customers to integrate with modern and legacy systems to increase productivity and strengthen existing Artificial intelligence (AI) and machines. Study hard (ML).
ServiceNow recently delivered the Now Platform Quebec version to help companies accelerate their digital transformation by rapidly innovating, operating more agile and more efficiently in the new world of work accelerated by COVID. Intellibot will complement these features and extend existing capabilities of artificial intelligence and machine learning, integration, low-code development, process exploration, process automation, NLX, chatbots, and ServiceNow virtual agents.
Intellibot was founded in 2015 by CEO Raghu “Alekh” Barli, CTO Srikanth Vemulapalli and COO Kushang Moorthy.
Financial SMEs
25/03/2021
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