ServiceNow Acquires Moveworks in $2.85 Billion Deal
March 10, 2025
ServiceNow agreed to acquire AI startup Moveworks for $2.85 billion, combining ServiceNow’s agentic AI and workflow automation with Moveworks’ front-end AI assistant and enterprise search. The transaction was completed later, with ServiceNow saying it has closed the acquisition and will expand its AI platform for employee engagement and support.
- Buyers
- ServiceNow
- Targets
- Moveworks
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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