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
Location
California, United States
Transaction Type
Buyout

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