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.
The ServiceNow Now platform Yokohama release includes the vendor’s full-court press on bringing agentic AI to every corner of the enterprise digital workload business.
US-based software company ServiceNow is nearing a deal to purchase AI company Moveworks, reported Bloomberg citing sources.
Enterprise workflow software giant ServiceNow Inc. is taking artificial intelligence-powered automation to the ...
ServiceNow, which has been on the leading edge of bringing agentic AI to enterprise users via its ServiceNow Now platform, is ...
ServiceNow will buy AI firm Moveworks for US$2.85 billion ($4.5 billion) in cash and stock, marking the software maker's ...
OpenAI's cofounder Sam Altman and other leading technologists have said that 2025 will be the year that AI agents "join" the ...
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