Solugenix has taken a significant strategic step by the divestiture of its ServiceNow Business Unit to inMorphis, a recognized global leader in the ServiceNow ecosystem. This move paves the way for new growth opportunities for Solugenix while providing clients and employees with greater access to innovation, specialized expertise, and expanded career prospects.
SCOTTSDALE, Ariz., July 7, 2025 /PRNewswire-PRWeb/ -- Solugenix Corporation, a leader in IT services and solutions, today announced the strategic divestiture of its ServiceNow Business Unit to inMorphis, an Elite ServiceNow partner globally recognized for its innovation and expertise. The transaction closed on July 1, 2025.
This decision follows a comprehensive review of Solugenix's long-term objectives and evolving market dynamics. By selling the ServiceNow Business Unit, Solugenix aims to sharpen its focus on its core businesses, driving innovation and market leadership while continuing to deliver exceptional value to customers. This transition brings deep US-centric expertise and experience to inMorphis, ensuring a smooth and successful integration for both employees and clients.
Shashi Jasthi, CEO of Solugenix, said, "Divesting our ServiceNow Business Unit marks a key milestone, allowing us to accelerate growth in our core business. Clients moving to inMorphis will benefit from specialized ServiceNow expertise, and our ServiceNow professionals will have new opportunities to excel with an industry leader. This move sharpens our focus and enhances the value we deliver."
The transition also brings new opportunities for employees of the ServiceNow Business Unit. Joining inMorphis means becoming part of a global leader in the ServiceNow ecosystem, known for its customer-centric approach and technical expertise. Both organizations are committed to ensuring a smooth transition for employees and clients.
"We express our deepest gratitude to the talented team in our ServiceNow Business Unit for their invaluable contributions," Jasthi added. "We are confident that inMorphis will provide them with an excellent platform to continue their professional growth and success."
Equirus Capital acted as the exclusive financial advisor to Solugenix for this transaction.
While this move represents a significant milestone, Solugenix reaffirms its dedication to its mission and strategic priorities. The company remains optimistic about the opportunities that this refined focus will bring to its remaining divisions as it continues to build on its reputation for delivering innovative IT solutions.
For more information on this announcement, please contact:
Stephen Booze
VP of Global Brand and Innovation
About Solugenix
Solugenix is a pioneering IT services organization with a track record of innovation and a steadfast commitment to helping clients achieve operational excellence. Operating at the intersection of technology and business, delivers tailored IT solutions that solve complex challenges for businesses across industries.
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Media Contact
Stephen Booze, Solugenix Corporation, 1 8667497658, [email protected],
SOURCE Solugenix Corporation
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