Announced

ServiceNow to acquire Moveworks for $2.85bn.

Synopsis

ServiceNow, the AI platform for business transformation, agreed to acquire Moveworks, an American artificial intelligence company, for $2.85bn. “With the acquisition of Moveworks, ServiceNow will take another giant leap forward in agentic AI-powered business transformation. As agentic AI and enterprise-grade search forever change how we work, ServiceNow moved early to empower employees through AI. Moveworks’ talented team and elegant AI-first experience, combined with ServiceNow’s powerful AI-driven workflow automation, will supercharge enterprise-wide AI adoption and deliver game-changing outcomes for employees and their customers,” Amit Zavery, ServiceNow President, COO and CPO.

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