DEAL_OVERVIEW
Deal Terms
Date
2025-03-10
Amount
$2.4B
Est. Multiple
N/A
Key Talent
N/A
Integration Time
N/A
Categories
Agentic AIEnterprise Search
Deal Multiples
No detailed multiples available
Strategic Rationale
Announced at $2.85B (cash + stock); closed Dec 2025 at ~$2.4B final consideration. Brings Moveworks' front-end AI assistant and enterprise search to ServiceNow's agentic-AI and workflow platform — a consumer-grade conversational layer over enterprise systems.
POST_ACQUISITION_TIMELINE1 EVENTS
2025-12-15deal closed
ServiceNow completes Moveworks acquisition
Closed for ~$2.4B total consideration after regulatory review.
KEY_PEOPLE1 TRANSITIONS
BS
Bhavin Shah
Moveworks Co-founder & CEO→ServiceNow AI assistant / agentic AI, ServiceNow