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 expands its AI capabilities with the acquisition of Moveworks, adding 500 employees and enhancing enterprise-wide ...
ServiceNow (NYSE: NOW), the AI platform for business transformation, today announced it has signed a definitive agreement to ...
RBC Capital lowered the firm’s price target on ServiceNow (NOW) to $986 from $1,210 and keeps an Outperform rating on the shares. The ...
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools.
ServiceNow is making a bold AI power move with its $2.85 billion acquisition of Moveworks, a deal designed to supercharge ...
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