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ServiceNow completes acquisition of Moveworks

Business

ServiceNow completes acquisition of Moveworks
Business

Business

ServiceNow completes acquisition of Moveworks

2025-12-16 05:15 Last Updated At:15:04

SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec 15, 2025--

ServiceNow (NYSE: NOW), the AI control tower for business reinvention, today announced it has completed its acquisition of Moveworks. The acquisition advances ServiceNow’s vision to put AI to work for people, combining ServiceNow’s trusted agentic AI and intelligent workflows with Moveworks’ intuitive front-end AI assistant, enterprise search, and agentic Reasoning Engine. Together, the companies will expand the capabilities of the ServiceNow AI Platform to redefine how employees engage with work, drive faster outcomes, scale AI adoption, and create AI experiences people love to use.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251215128980/en/

“Moveworks accelerates ServiceNow’s vision to put AI to work for people across every corner of every business,” said Amit Zavery, president, chief operating officer, and chief product officer at ServiceNow. “With two decades of workflow intelligence built into a single architecture, we’re powering the agentic AI operating system for the enterprise. Moveworks’ AI Assistant plus ServiceNow’s agentic platform will create an AI-native front door that turns conversations into completed work, allowing customers to resolve issues autonomously, trigger intelligent workflows, and get results – securely, responsibly, and at scale.”

“Moveworks was founded to make work effortless, building a powerful AI assistant platform that gets work done,” said Bhavin Shah, CEO of Moveworks. “By joining ServiceNow, we can now scale this agentic strategy for any organization by connecting our AI Assistant and enterprise search, powered by our Reasoning Engine, with ServiceNow’s trusted workflow automation and AI governance. Together, we’ll deliver secure, fast, end-to-end resolution for employees everywhere.”

Uniting employee experiences on a single intelligent platform

The ServiceNow AI Platform delivers natively integrated AI that automates work at scale with trust and transparency. With its seamless integration into ServiceNow, Moveworks brings a powerful complement: an intuitive front-end that lets employees ask, search, and take action naturally, wherever they work. Together, ServiceNow and Moveworks create intelligent experiences that connect every request with autonomous fulfillment – for employees, customers, developers, IT teams, and admins – breaking down silos, accelerating time to value, and driving productivity across the enterprise.

Agentic AI is already transforming work at scale for thousands of ServiceNow customers, accelerating response times and delivering measurable productivity gains. Inside ServiceNow itself, AI agents now resolve 90% of IT and 89% of customer support requests autonomously, cutting resolution times nearly sevenfold.

Moveworks deepens this foundation. ServiceNow is already one of Moveworks’ more than 100 technology integrations, and its front-end AI assistant, enterprise search, and agentic Reasoning Engine are trusted by leading global enterprises such as Siemens, Toyota, Unilever, and others. With 5.5 million employee users and approximately 250 mutual customers already using both technologies, ServiceNow and Moveworks are building on a proven approach to bring agentic AI to every employee that makes work flow across every corner of a business. Nearly 90% of Moveworks customers have deployed the technology to 100% of their employees, reflecting real, enterprise-wide adoption and usage.

Additionally, with hundreds of AI experts joining ServiceNow, Moveworks brings deep expertise that will further fuel innovation and accelerate ServiceNow’s ability to scale its AI roadmap. Overall, this acquisition strengthens the ServiceNow AI Platform with the ability to deliver even more transformational experiences that understand every employee request through prompts, connect to the right enterprise data, AI agent, or workflow, and further accelerate end-to-end digital workflows across IT, HR, and more – on one flexible, scalable platform.

About ServiceNow

ServiceNow (NYSE: NOW) is the AI control tower for business reinvention. The ServiceNow AI Platform integrates with any cloud, any model, and any data source to orchestrate how work flows across the enterprise. By unifying legacy systems, departmental tools, cloud applications, and AI agents, ServiceNow provides a single pane of glass that connects intelligence to execution across every corner of business. With more than 75 billion workflows running on the platform each year, ServiceNow helps organizations turn fragmented operations into coordinated, autonomous workflows that deliver measurable results. Learn how ServiceNow puts AI to work for people at www.servicenow.com.

© 2025 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.

Use of forward-looking statements

This press release contains "forward-looking statements" about the expectations, beliefs, plans, intentions, and strategies relating to ServiceNow’s acquisition of Moveworks. Such forward-looking statements include statements regarding future product capabilities and offerings and expected benefits to ServiceNow. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. We undertake no obligation, and do not intend, to update the forward-looking statements. Factors that may cause actual results to differ materially from those in any forward-looking statements include, without limitation, any inability or delays in assimilating or integrating Moveworks’ technology into our platform; challenges retaining Moveworks’ employees or customers; or any unanticipated obligations or liabilities related to Moveworks legacy business. Further information on factors that could affect our financial and other results is included in the filings we make with the Securities and Exchange Commission from time to time.

ServiceNow completes acquisition of Moveworks

ServiceNow completes acquisition of Moveworks

DHAKA, Bangladesh (AP) — Skipper Najmul Hossain Shanto and Mominul Haque hit resolute half-centuries as Bangladesh reached 152-3 on rain-hit Day 4 of the first cricket test against Pakistan on Monday.

Bangladesh’s lead grew to 179 runs, keeping it on course to push for a result on the final day after bad light forced an early end to play with Shanto unbeaten on 58 and Mushfiqur Rahim on 16.

Shanto, who struck a fluent century in the first innings, put on a 105-run partnership with Mominul for the third wicket to keep Bangladesh on the front foot after the host slumped to 23-2 in the morning session.

Mominul followed his 91 with 56 in the second innings, extending his rich form with five half-centuries in a row and became the Bangladesh batter to reach 5,000 runs.

“Mominul knows how to handle these situations,” batting coach Mohammad Ashraful said. “The partnership of Mominul and Shanto put us ahead today and hopefully we’ll set a strong target to push for a victory tomorrow.”

Play was stopped for more than three hours because of rain. After resuming at seven for no loss, Bangladesh received an early blow when Mahmudul Hasan was trapped leg-before-wicket by pacer Mohammad Abbas for five.

Pacer Hasan Ali dismissed Shadman Islam for 10, with Saud Shakeel taking a catch at gully after the batter was surprised by the extra bounce.

In a repeat of their first innings rearguard, Mominul and Shanto showed resolve to frustrate Pakistan’s attack, keeping Bangladesh on course to set a challenging final innings target for the visitors.

They also came together in the first innings to share 170 runs when Bangladesh was struggling at 31-2.

Mominul survived two chances before edging a delivery from pacer Shaheen Shah Afridi behind the wicket.

Shanto played an almost flawless innings and raised his sixth test half-century off 90 balls with a single to mid-off off Afridi.

He and Mushfiqur Rahim then safely dealt with remaining overs to deny Pakistan any further breakthroughs.

“We will definitely go for the win,” Pakistan all-rounder Salman Agha said. “If they give us around 70 overs and a target near 260, we will absolutely chase it. But I don’t think they will take that risk.”

Bangladesh earlier was bowled out for 413 in its first innings, before taking a 27-run lead, dismissing Pakistan for 386 with offspinner Mehidy Hasan taking five wickets.

AP cricket: https://apnews.com/hub/cricket

FILE - Bangladesh's Najmul Hossain Shanto takes a run during the second one day international cricket match between Bangladesh and New Zealand in Mirpur, Bangladesh, Monday, April 20, 2026. (AP Photo/Mosaraf Hossain, File)

FILE - Bangladesh's Najmul Hossain Shanto takes a run during the second one day international cricket match between Bangladesh and New Zealand in Mirpur, Bangladesh, Monday, April 20, 2026. (AP Photo/Mosaraf Hossain, File)

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