ServiceNow to buy AI firm Moveworks for $2.9 billion to tap new customers
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ServiceNow is acquiring AI company Moveworks for $2.85 billion, marking its largest acquisition to date. This move aims to expand ServiceNow's product offerings and attract new customers.
March 10, 2025 | 1:30 pm
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ServiceNow is acquiring Moveworks for $2.85 billion to enhance its product offerings and attract new customers, marking its largest acquisition.
The acquisition of Moveworks is a strategic move by ServiceNow to enhance its AI capabilities and expand its customer base. This is likely to positively impact ServiceNow's stock price in the short term as it demonstrates growth and expansion potential.
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