ServiceNow buys Moveworks for $2.85 billion in cash and stock

March 10, 2025

Bill McDermott, chief executive officer of ServiceNow Inc. on stage, in front of a blue background, gesturing with both hands.

Bill McDermott, the CEO of ServiceNow. The company just announced it is buying AI automation company Moveworks for $2.85 billion in cash and stock as ServiceNow seeks to bolster its ‘agentic AI’ capabilities.

Bridget Bennett—Bloomberg via Getty Images

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