ServiceNow to buy Moveworks for $2.85B to grow its AI portfolio

https://ift.tt/2CsWdxD

ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools. ServiceNow will pay $2.85 billion for Moveworks in a mix of cash and stock. The former expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night. As of […]

© 2024 TechCrunch. All rights reserved. For personal use only.



from TechCrunch https://ift.tt/Ny4gIGw
by Peace Mathew