<ul><li>ServiceNow has agreed to acquire Moveworks, a developer of enterprise-focused automation and AI tools, for $2.85 billion in a mix of cash and stock.</li><li>The deal is expected to close in the second half of 2025.</li><li>The acquisition will allow ServiceNow to combine its AI-driven workflow automation with Moveworks' AI assistant and enterprise search technology to boost enterprise-wide AI adoption.</li><li>ServiceNow aims to accelerate innovation and deliver a redefined user experience for employees and customer service teams through the acquisition.</li></ul>

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

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