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Data Center News > Blog > Global Market > ServiceNow to pay $2.85B for Moveworks’ AI tools
Global Market

ServiceNow to pay $2.85B for Moveworks’ AI tools

Last updated: March 11, 2025 1:31 am
Published March 11, 2025
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ServiceNow to pay $2.85B for Moveworks' AI tools
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ServiceNow and Moveworks will ship a unified, finish‑to‑finish search and self‑service expertise for all worker requestors throughout each workflow, in response to ServiceNow. A majority of Moveworks’ present buyer deployments already use ServiceNow of their environments to entry enterprise AI, knowledge, and workflows. ServiceNow mentioned this acquisition will construct upon the prevailing synergies to allow worker engagement with “extra perceptive AI-based enterprise search,” discover quick solutions to requests, automate and full on a regular basis duties, and improve productiveness. Moveworks lists corporations resembling Hearst, Instacart, Palo Alto Networks, Siemens, Toyota, Unilever, and others amongst its clients.

“Moveworks’ proficient workforce and chic AI-first expertise, mixed with ServiceNow’s highly effective AI-driven workflow automation will supercharge enterprise-wide AI adoption and ship game-changing outcomes for workers and their clients,” Zavery added.

Based in 2016, Moveworks’ founders acknowledged a necessity for an AI assistant that might perceive pure, conversational language, in response to its web site. The corporate offers clients with AI assistants to take care of worker requests, from IT tickets to human assets requests and coverage questions. Moveworks final raised $200 million in Series C enterprise funding in 2021, with traders Tiger World and Alkeon Capital. The final spherical of funding introduced the corporate’s whole to $315 million.

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See also  Is 2025 set to redefine UK data centres’ role in our digital future?
TAGGED: 2.85B, Moveworks, pay, ServiceNow, Tools
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