ServiceNow to acquire Moveworks for $2.85B in cash and stock, expected H2 2025

ServiceNow, Inc.

Deal combines ServiceNow agentic AI with Moveworks front-end AI assistant and enterprise search.
Moveworks has ~5M employee users; nearly 90% of customers deploy to all employees.
ServiceNow has ~1,000 AI customers; Pro Plus AI ACV surpassed $200M as of Dec 31, 2024.
Transaction includes cash and stock; subject to regulatory approvals; closing in H2 2025.
More than 250 mutual customers; Moveworks already integrated with ServiceNow platform.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.