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ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio
ServiceNow has agreed to acquire Moveworks, an enterprise automation platform, for $2.85B in cash and stock.
“Moveworks’ talented team and elegant AI-first experience, combined with ServiceNow’s powerful AI-driven workflow automation, will supercharge enterprise-wide AI adoption and deliver game-changing outcomes for employees and their customers.” “Moveworks hides the complexity employees face at work by giving them an intuitive, engaging starting place to search and drive action across any enterprise system,” Shah said in a statement. “Becoming part of ServiceNow presents an incredible opportunity to accelerate our innovation and deliver on our promise through their AI agent-fueled platform to redefine the user experience for employees and customer service teams.”
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