ServiceNow adds AI muscle with record US$2.9 billion Moveworks deal

By
Follow google news

Its largest-ever acquisition.

ServiceNow adds AI muscle with record US$2.9 billion Moveworks deal
ServiceNow will buy AI firm Moveworks for US$2.85 billion ($4.5 billion) in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations. The rapid rise of generative artificial intelligence has ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Westpac brings automation and AIOps to life, chasing CPU and memory alerts

Westpac brings automation and AIOps to life, chasing CPU and memory alerts

Qld gov backs technology projects with at least $340m

Qld gov backs technology projects with at least $340m

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases

Suncorp to have AI agents in insurance claims process as soon as this month

Suncorp to have AI agents in insurance claims process as soon as this month

Log In

  |  Forgot your password?