Industry Update: Software
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Software industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Industry Highlights
- On November 6, 2024, ServiceNow announced an agreement to acquire
Mission Secure, a Charlottesville, Virginia-based company that provides
asset discovery for operational technology (OT) devices. - On January 17, 2025, ServiceNow announced that it signed an agreement to acquire Cuein, a leader in AI native conversation data analysis and insights. Cuein will help advance the effectiveness of ServiceNow AI Agents by enhancing their ability to understand, process, and transform data from siloed customer interactions across different channels and systems.