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Actionable news in NOW: SERVICENOW Inc,

Entry into a Material Definitive

On April 8, 2016, ServiceNow, Inc. (the Company) and BMC Software, Inc. (BMC) entered into a confidential settlement agreement (the BMC Settlement) to resolve all patent-related litigation between the Company and BMC. Under the BMC Settlement, the Company and BMC each provided a general release from all past claims, including claims related to infringement of all patents in dispute, and entered into a covenant not to sue for patent infringement for a specified term of years.

As previously announced on March 9, 2016, the Company and Hewlett Packard Enterprise (HPE) entered into a confidential settlement agreement (the HPE Settlement) to resolve all patent-related litigation between the Company and HPE.

The Company took total aggregate charges of $270 million for litigation settleme nt...


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