ServiceNow Inc. is reportedly finalizing the acquisition of Moveworks, an AI firm known for its assistance technology, which would be its largest acquisition to date, valued at approximately $3 billion. As negotiations progress, the deal's announcement is anticipated imminently. Moveworks, with high-profile clients such as Unilever and GitHub, enhances ServiceNow's focus on integrating AI into its operational software offerings. This acquisition aligns with the company's strategy to boost its generative AI capabilities in response to market trends.
The acquisition of Moveworks, an AI company, by ServiceNow could be the largest in its history, valued at nearly $3 billion as final details are set.
Founded in 2016, Moveworks provides AI assistants for companies like Unilever and GitHub, enhancing ServiceNow's aim to boost its generative AI capabilities.
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