ServiceNow acquires Quality 360 from Advania to enhance AI-powered Manufacturing Solutions
Feb 26, 2025•10 months ago
Acquiring Company
ServiceNow
Acquired Company
Advania
Description
ServiceNow, the AI platform for business transformation, has announced the acquisition of the Quality 360 solution from Advania. This acquisition will enhance ServiceNow’s strength in the manufacturing industry by accelerating quality management functionality and empowering manufacturers with proactive, data-driven insights to address end-to-end quality issues, ultimately helping to minimize operational costs and reputational risks.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed