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DXC Technology Acquires TESM and BusinessNow, Extending ServiceNow Practice
Wednesday 07 November 2018

7 November 2018 - US-based IT services company DXC Technology (NYSE: DXC) has extended the reach and capability of its ServiceNow (NYSE: NOW) practice with the acquisition of two ServiceNow partners, the company said.

DXC has acquired UK-based TESM, a global end-to-end ServiceNow partner, and BusinessNow, the largest independent ServiceNow partner in the Nordics.

The additions of TESM and BusinessNow reflect DXC's commitment to its growing ServiceNow practice and build on the scale, reach, industry experience and skills portfolio necessary to lead in the fast-growing enterprise software-as-a-service market.

Enterprise clients increasingly are seeking to establish better, faster and more efficient workflows and processes to improve customer and employee satisfaction and lower operating costs.

Working together, DXC and ServiceNow deliver a range of cloud-based, as-a-service solutions that extend beyond IT service management across the enterprise to risk and compliance as well as human capital management.

While solidifying DXC's position as a ServiceNow innovator and leader, these acquisitions will accelerate DXC's ability to offer clients in a growing number of key industries an expanded range of cloud-based, as-a-service solutions to transform service management across the enterprise, including IT, operations, customer service, human resources and security operations.

TESM was launched in 2013 by a team of practitioners using deep industry and technology experience to provide a practical and realistic approach to the delivery of service management projects, solutions and services.

An early adopter of ServiceNow with deep experience in cloud and service automation, TESM has a growing client base that include four of the top 20 global banks that are supported by more than 200 ServiceNow experts with 88 certifications.

The TESM team include ServiceNow experts in ITSM, IT Operations Management, Security Operations, Governance, Risk and Compliance and HR Service Delivery who provide Implementation, Analytics, consulting and managed services.

TESM is headquartered in London with presence in New York, Dublin, Holland, Sydney and Frankfurt.

BusinessNow, founded in 2014, is the leading expert for ServiceNow advisory, implementation and training, and is the fastest growing dedicated ServiceNow Gold Services Partner in the Nordics.

Across its employee base, BusinessNow holds 98 certifications and has successfully delivered more than 500 projects for a 100-plus client base in Europe.

With skills in management consulting, product development, agile execution and talent management, BusinessNow will bring additional experience, depth and skill to DXC's ServiceNow practice and client base across Europe.

DXC Technology (NYSE: DXC) is an IT services company, serving nearly 6,000 private and public-sector clients from a diverse array of industries across 70 countries.
Date Published: 07/11/2018
Target: TESM, BusinessNow
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Status: Closed
Buyer: DXC,  Technology
Terms of the deal were not disclosed