ServiceNow (NOW) is planning a major expansion in Florida after recently exploring moving headquarters from Silicon Valley to West Palm Beach, Bloomberg reported Friday, citing people familiar with the matter.
Bloomberg reported Thursday, citing certain sources, that ServiceNow was planning to move its headquarters to Florida. But a company spokesperson on Friday told the news outlet it will remain headquartered in Santa Clara and will likely build out its operations in West Palm Beach, which could eventually house a substantial portion of its operations.
ServiceNow did not immediately respond to a message from MT Newswires seeking comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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