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Investing.com -- Google (NASDAQ:GOOGL) has secured a major cloud-computing deal with ServiceNow (NYSE:NOW) worth $1.2 billion over five years, according to Bloomberg.
The agreement represents a significant win for Google Cloud as it competes with larger rivals Amazon Web Services (NASDAQ:AMZN) and Microsoft Azure (NASDAQ:MSFT) for enterprise customers.
ServiceNow, which makes software that helps companies organize and automate their personnel and IT operations, confirmed it has agreements with multiple cloud platforms but declined to reveal the value of individual contracts. Google declined to comment on the deal.
In a filing Thursday, ServiceNow disclosed $4.8 billion in total cloud services commitments through 2030. The company’s Chief Product Officer Amit Zavery, who joined ServiceNow in October 2024, previously worked as a Google Cloud executive.
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