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ServiceNow says it plans to acquire agentic AI company Moveworks for $2.85B, its largest-ever acquisition, in a cash and stock deal set to close in H2 2025

ServiceNow (NOW.N) said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's …

Reuters Jaspreet Singh

Discussion

  • @arifj Arif Janmohamed on x
    Today marks a big milestone for Enterprise AI. ServiceNow today announced that it has signed a definitive agreement to acquire Moveworks for $2.85B. It's been an incredible privilege to have served on the Moveworks board since Day 1. Congratulations to the entire Moveworks team
  • @arifj Arif Janmohamed on x
    When we first met @bhavinator, @vnivargi, @VarunJuice and Jiang in 2016, it was clear that the team was incredibly gifted - they each complemented each other and together brought a rare combination of strong product instincts, deep technical acumen, a passion for understanding