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ServiceNow Completes Acquisition Of Raytion - Quick Facts

(RTTNews) - ServiceNow (NOW) has acquired Raytion to enhance GenAI-powered search and knowledge management capabilities on the Now Platform. Financial terms of the deal were not disclosed.

ServiceNow said Raytion's GenAI-powered search and knowledge management capabilities allow for cross-enterprise data integration, pulling from the full universe of enterprise knowledge that exists in various knowledge repositories, rather than a subset.

Jon Sigler, senior vice president, Platform and AI, at ServiceNow, said: "Raytion's information retrieval technology will set us apart by making relevant data sources searchable so everyone-employees, customers, and agents-get the answers they need, when they need them."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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