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

4 min•12 mars 2025

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.

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