ServiceNow Buys AI Startup Moveworks for $2.85B

ServiceNow Buys AI Startup Moveworks for $2.85B: What It Means for Markets
ServiceNow expands its AI capabilities with the acquisition of Moveworks, adding 500 employees and enhancing enterprise-wide AI adoption for major companies.
ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night.
ServiceNow to pay $2.85B for Moveworks’ AI tools
The acquisition will bring advanced, agentic AI-powered self-service and enterprise search technologies to customers.
ServiceNow signs $2.85bn deal to acquire Moveworks
Moveworks specialises in AI-powered assistants that address employee requests within organisations. The integration of Moveworks' front-end AI assistant with
ServiceNow adds AI muscle with record $2.9 billion Moveworks deal
ServiceNow said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.
ServiceNow’s (NOW) $2.85B Moveworks Deal Sparks Mixed Analyst Reactions
Software company ServiceNow (NOW) announced its largest acquisition to date, agreeing to purchase AI startup Moveworks for $2.85 billion in a
2 Reasons To Buy ServiceNow Stock After Its $2.9 Billion Moveworks Deal
Two factors that could contribute to stronger results are: an unexpected boost in ServiceNow’s agentic AI revenues and a weaker dollar tamping FX headwinds.
ServiceNow Stock Rebounds After Analysts Give Thumbs Up To $2.85B Moveworks Deal: Retail’s Excited
ServiceNow, Inc. (NOW) shares rose sharply after analysts cheered the company’s agreement to acquire Mountain View, California-based agentic artificial intelligence (AI) assistant provider Moveworks for $2.
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