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ServiceNow to Acquire Moveworks for AI Expansion

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ServiceNow to Acquire Moveworks for AI Expansion

ServiceNow ( (NOW) ) just unveiled an announcement.

On March 10, 2025, ServiceNow announced its agreement to acquire Moveworks, a move aimed at combining ServiceNow’s agentic AI and automation capabilities with Moveworks’ AI assistant and enterprise search technology. This acquisition is expected to enhance ServiceNow’s platform by accelerating enterprise AI adoption and innovation, particularly in CRM and employee engagement, while expanding its reach to millions of users and integrating seamlessly with existing systems.

More about ServiceNow

ServiceNow is a company operating in the AI platform industry, focusing on business transformation through agentic AI and automation solutions. Its primary products and services include AI-driven workflow automation and enterprise AI platforms, with a market focus on enhancing employee productivity and engagement across various sectors.

YTD Price Performance: -19.32%

Average Trading Volume: 1,561,391

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $175.2B

See more insights into NOW stock on TipRanks’ Stock Analysis page.

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