ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio
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ServiceNow to acquire AI startup Moveworks for $2.85B to boost automation, marking its largest-ever deal - Tech Startups
ServiceNow is making its biggest bet yet. The software giant announced on Monday that it’s acquiring AI startup Moveworks for $2.85 billion in a cash and stock deal, marking the largest acquisition in its history. The move signals ServiceNow’s push […] The post ServiceNow to acquire AI startup Moveworks for $2.85B to boost automation, marking its largest-ever deal first appeared on Tech Startups.
ServiceNow Nears $3 Billion Acquisition of AI Firm Moveworks
ServiceNow is reportedly finalising a deal to acquire AI assistant provider Moveworks in what could be its largest acquisition to date, according to a report by Bloomberg. The deal, expected to be announced in the coming days, may value Moveworks at nearly $3 billion. While discussions are in advanced stages, there remains a possibility of delays or a breakdown in negotiations, sources said. Founded in 2016, Moveworks specialises in AI-driven e…
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