ServiceNow Acquires Moveworks for $2.85 Billion
March 10, 2025
ServiceNow agreed to acquire AI startup Moveworks in a $2.85 billion cash-and-stock transaction to accelerate its agentic AI and front‑office capabilities. The deal — announced in March 2025 and completed December 15, 2025 — integrates Moveworks' conversational AI assistant, enterprise search and reasoning engine into the ServiceNow AI Platform to boost employee and customer service automation.
- Buyers
- ServiceNow
- Targets
- Moveworks
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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