ServiceNow to acquire agentic AI platform Moveworks in $2.9B deal
ServiceNow will pay $2.85 billion for Moveworks, payable in a combination of cash and stock. The arrangement is expected to close during the second half of 2025 subject to regulatory approval and other conditions. After a 2021 $200 million funding round co-led by Tiger Global and Alkeon Capital, Moveworks was valued at $2.1 billion.
ServiceNow To Buy Moveworks In Bet On Enterprise Agentic AI
ServiceNow, which has been on the leading edge of bringing agentic AI to enterprise users via its ServiceNow Now platform, is advancing its capabilities with its planned $2.85 billion acquisition of Moveworks, which develops front-end AI assistant and enterprise search technology.
The acquisition will bring advanced, agentic AI-powered self-service and enterprise search technologies to customers.
Stock in ServiceNow fell after the automation-software company agreed to buy Moveworks, an artificial-intelligence start-up, ...
ServiceNow and Moveworks will redefine the value of how to put AI to work, setting a new standard for the future of employee ...
ServiceNow is making a bold AI power move with its $2.85 billion acquisition of Moveworks, a deal designed to supercharge ...
ServiceNow Inc (NYSE:NOW) shares are trading lower. The company on Monday announced a deal to acquire Moveworks.
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