ServiceNow is expanding its agentic AI capabilities with the acquisition of Moveworks in a $2.85 billion deal.
ServiceNow offers an AI platform that enables data-driven, automated workflows to support productivity across IT, sales, human resources and other important business functions. By combining its technology with Moveworks’ AI assistant and search solutions, ServiceNow plans to advance enterprise AI adoption.
The move builds on ServiceNow’s strategy and growth in the agentic AI space, allowing the company to deliver a single, unified platform that will feature optimized search and self-service experiences, according to a press release.
“Moveworks’ talented team and elegant AI‑first experience, combined with ServiceNow’s powerful AI‑driven workflow automation, will supercharge enterprise‑wide AI adoption and deliver game‑changing outcomes for employees and their customers,” Amit Zavery, president, chief operating officer and chief product officer at ServiceNow, said in a statement.
