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NTT DATA to acquire Netgain for ServiceNow leadership

PRIVATEAug 26, 2026about 6 hours ago

Acquiring Company

NTT DATA

Acquired Company

WORQ

JohannesburgMalaysiaInformation Technology

Description

NTT DATA announces the acquisition of Netgain AB, aiming to enhance its ServiceNow business in Sweden. This merger will create Sweden's largest pure-play ServiceNow company with The Cloud People. The acquisition is pending regulatory approval and is expected to close shortly.

Company Information

Company

NTT DATA

Location

Johannesburg, Gauteng, South Africa

About

NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, digital & IT modernization and managed services. NTT DATA enables them, as well as society, to move confidently into the digital future. We are committed to our clients’ long-term success and combine global reach with local client attention to serve them in over 50 countries around the globe. Visit us at nttdata.com. NTT DATA Services is a recognized leader in IT and business services including cloud, data and applications. A division of NTT DATA headquartered in Texas, the company leverages consulting and deep industry expertise to help clients accelerate and sustain value throughout their digital journeys. Visit nttdataservices.com or LinkedIn to learn more.

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M&A Insights

Based on deal data
Integration 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

Frequently asked

Who acquired WORQ?

WORQ was acquired by NTT DATA, based in Johannesburg. The deal was reported on August 26, 2026. NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. NTT DATA is privately held and operates in Information Technology.

When did NTT DATA acquire WORQ?

NTT DATA's acquisition of WORQ was reported on August 26, 2026. NTT DATA announces the acquisition of Netgain AB, aiming to enhance its ServiceNow business in Sweden. This merger will create Sweden's largest pure-play ServiceNow company with The Cloud People. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WORQ do?

Malaysia-based co-working space provider with a goal to expand its co-working space operations. It is privately held, and is based in Malaysia.

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