ServiceNow Eyes Major Deal: Advanced Talks to Acquire Security Startup for >$1B

ServiceNow,​‍​‌‍​‍‌​‍​‌‍​‍‌ the maker of enterprise-workflow software, is said to be in the final stages of discussions to buy security startup Veza, with the value of the transaction exceeding $1 billion. A source familiar with the talks disclosed that Veza’s product is a subscription-based software that helps companies understand which employees, or AI agents, should have access to customer or corporate data, and what they can do with it.

As a matter of fact, the acquisition can be a major call by ServiceNow that the company is still heavily betting on AI-driven automation and security. The relationship between Veza and enterprises seems to be one where one party (enterprises) commits to AI for automation of repetitive and low-level tasks (IT help-desk requests or customer service), while the other (Veza) provides technology for mapping and monitoring data access and permissions, thus ensuring that eventually the need for compliance will be fulfilled.

The purchase of Veza that is the interest of buying the company aligns also with the rest of the AI ambitions of ServiceNow. In the early months of 2025, ServiceNow shelled out $2.85 billion to acquire Moveworks, a startup specializing in AI-driven agent-based automation and generative AI.

Once Veza’s security is incorporated, ServiceNow could sell a full enterprise AI stack: automation plus secure data governance. Many firms, for example, would be solving one of the biggest puzzles with AI – how to harness AI’s potential to boost productivity while at the same time keeping data safe.

The deal is still at the point of discussion about the condition. Once it is inked, that takeover could be the turning point in how businesses employ AI assistants and the extent to which they confide in them with sensitive tasks. Going digital, this is the way leading enterprises might do it: less hassle, more control over ​‍​‌‍​‍‌​‍​‌‍​‍‌data.