ServiceNow, AI and Moveworks

ServiceNow adds AI muscle with record $2.9 billion Moveworks deal
ServiceNow said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.
2 Reasons To Buy ServiceNow Stock After Its $2.9 Billion Moveworks Deal
Two factors that could contribute to stronger results are: an unexpected boost in ServiceNow’s agentic AI revenues and a weaker dollar tamping FX headwinds.
ServiceNow Nears Deal to Buy AI Assistant Maker Moveworks
ServiceNow Inc. is nearing a deal to buy artificial intelligence firm Moveworks, people familiar with the matter said, in what would be its largest acquisition to date.
ServiceNow to acquire Moveworks for $2.85B in cash and stock
ServiceNow ( NYSE: NOW) has confirmed its acquisition of Mountain View, California-based artificial intelligence firm Moveworks for $2.85 billion in cash and stock. The transaction is expected to close in the second half of 2025, subject to customary regulatory approvals and closing conditions.
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.
ServiceNow to acquire Moveworks AI in $3 billion deal
Automation software giant ServiceNow is in the process of acquiring artificial intelligence (AI) firm Moveworks for nearly $3 billion, according to Bloomberg on Sunday, citing sources familiar with the matter.
Why ServiceNow Stock Is Soaring Today
Shares of ServiceNow Inc. ( NOW 4.08%) are surging on Tuesday. The company's stock gained 4.5% as of 2:50 p.m. ET and was up as much as 5.6% earlier in the day. The rise comes as the S&P 500 is up 0.2% and the Nasdaq Composite is up 1%.
ServiceNow Bulks up AI Muscle with Moveworks purchase
ServiceNow has reached a deal to buy artificial intelligence firm Moveworks for nearly $3 billion. The deal will integrate Moveworks' AI assistants with ServiceNow's applications to offer an AI-powered self-service tool for customers.
ServiceNow buys AI agent company Moveworks for $2.85 billion
ServiceNow, which provides businesses with outsourced IT and customer service support as well as other digital services, said ...
The Information1d
Pro Weekly: AI Agent M&A Heats Up
ServiceNow’s $2.85 billion acquisition of Moveworks turned heads this week, marking one of the largest recent purchases of an ...
Crunchbase News5d
Moveworks Delivers Big Exit For Early VCs
ServiceNow announced this morning that it is acquiring Moveworks, provider of an enterprise AI assistant platform, for $2.85 ...
ServiceNow to acquire Moveworks for $2.85B
ServiceNow (NOW) announced it has signed a definitive agreement to acquire Moveworks. The acquisition will combine ServiceNow’s agentic AI and ...
ServiceNow to buy AI firm Moveworks for $2.9 billion to tap new customers
The cash and stock deal for privately-owned Moveworks comes as enterprises are increasingly adopting AI and investing in ...
ServiceNow Stock Is Sliding Monday: What's Going On?
ServiceNow Inc (NYSE:NOW) shares are trading lower. The company on Monday announced a deal to acquire Moveworks.
ServiceNow’s (NOW) $2.85B Moveworks Deal Sparks Mixed Analyst Reactions
Software company ServiceNow (NOW) announced its largest acquisition to date, agreeing to purchase AI startup Moveworks for $2 ...