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ServiceNow acquires Moveworks for AI capabilities

PUBLIC · NOWMay 26, 2025

Acquiring Company

ServiceNow

Acquired Company

Moveworks

Santa ClaraMountain ViewSoftwareinformation technology & servicesSoftwareArtificial IntelligenceMachine LearningNatural Language Processing

Description

ServiceNow has acquired AI agent company Moveworks in a strategic move to enhance its AI-driven solutions. This acquisition aims to integrate Moveworks' advanced virtual agent technology into ServiceNow's platform, providing a seamless user experience. The collaboration is expected to expand ServiceNow's market reach and improve corporate search functions. This aligns with ServiceNow's vision of achieving end-to-end agentic AI.

Quick answer

ServiceNow is acquiring Moveworks, announced May 26, 2025. ServiceNow is based in Santa Clara, California, United States.

How much did ServiceNow pay for Moveworks?
The deal value was not disclosed.
What does ServiceNow do?
ServiceNow (NYSE: NOW) is making the world of work, work better for people.
Where are ServiceNow and Moveworks based?
ServiceNow is based in Santa Clara, California, United States. Moveworks is based in Mountain View, California, United States.
Who are the decision-makers at ServiceNow?
Fundz holds 2 contacts at ServiceNow. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in information technology & services and Natural Language Processing

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

ServiceNow

Location

2225 Lawson Lane

Santa Clara, California, United States

About

ServiceNow (NYSE: NOW) is making the world of work, work better for people. Our cloud‑based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and the enterprise. For more information, visit: www.servicenow.com. © 2021 ServiceNow, Inc. All rights reserved. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated.

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Frequently asked

Who acquired Moveworks?

Moveworks was acquired by ServiceNow, based in Santa Clara. The deal was reported on May 26, 2025. ServiceNow (NYSE: NOW) is making the world of work, work better for people. ServiceNow is publicly traded (NOW) and operates in Software.

When did ServiceNow acquire Moveworks?

ServiceNow's acquisition of Moveworks was reported on May 26, 2025. ServiceNow has acquired AI agent company Moveworks in a strategic move to enhance its AI-driven solutions. This acquisition aims to integrate Moveworks' advanced virtual agent technology into ServiceNow's platform, providing a seamless user experience. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Moveworks do?

Moveworks is a leading generative AI platform designed to enhance employee productivity by automating tasks and providing information through natural language. It is privately held, operating in Software, and is based in Mountain View.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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