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.
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ServiceNow Stock Rebounds After Analysts Give Thumbs Up To $2.85B Moveworks Deal: Retail’s ExcitedServiceNow, Inc. (NOW) shares rose sharply after analysts cheered the company’s agreement to acquire Mountain View, ...
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools.
ServiceNow has bought AI firm Moveworks for $2.8 billion, its most expensive acquisition for their agentic AI capabilities.
Many stocks declined during the market's rout on Monday, but business software company ServiceNow ( NOW -7.85%) lost more ...
Mizuho lowered the firm’s price target on ServiceNow (NOW) to $1,100 from $1,210 and keeps an Outperform rating on the shares after the company ...
Enterprise workflow software giant ServiceNow Inc. is taking artificial intelligence-powered automation to the ...
ServiceNow has reached a deal to buy artificial intelligence firm Moveworks for nearly $3 billion. The deal will integrate ...
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