Servicenow said the Monday day if he had agreed to acquire MoveThe developing automation that focuses and AI tools.
Servicenow will pay $ 2.85 billion to transfer money with cash and stock mix. The former is looking forward to an agreement to close in the second half of 2025. Bloomberg Reported The final agreement on the week.
In June 2021, it is worth $ 2.1 billion.
“With the acquisition of the move, Servisenow will take another giant leap in ai-powered and Co CO Co CO CO CO CO Mom Zaver said in the press broadcast. “Good talented talents and elegant talent experiences, integrated ai-drive work, will get game results in AII AI-driven ai Ai-side, will send game results for employees and customers.”
Zhavery said that the agreement made servasoow because it had multiple customers, and the product’s two product offer was closely. With folded movements to the company family, Servicenow has the opportunity to build a AI’s platform “(…) AGI AI and the Serviation Ai and Automation AI and search technology,” Zavers technology.
Move founded in 2016 by Bhavin Shah, Vibhav Nivargi, Varun Singh and Jiang Chen. Shah Before Refresh Refresh, Application that has guarantee insights about people on the social networks available (LinkedIn has been obtained in 2015). Nivargi builds a business analytics platform called CleartoryWhile the Singh is the lead product manager in the META’s Facebook Overseing meta features. Chen came to move in a Yahoo, Google and AirbnB.
Move the base of the mountain out of the stealth in 2019 with the application to help the company customers automatically support high support support. For years, opening portfolio portfolio products to complete various business lines, including HR, financial management and facilities.
The company client includes Unilever, InstaCart, Siemens and Toyota, every website. Prior to the servicenow acquisition, it can produce more than $ 300 million from backers including Tiger Global, Iceli growth and Perkins Kleiner. Has more than 500 employees.
“Move hiding employee of the facial complexity at work by giving intuition, which begins to find and driving actions on the company’s system,” SAJARE SHAH. “So part of the servicenow features an incredible opportunity to speed up innovation and deliver us through the Ai-fueled-fueled platform for user customer and customer service.”
The agreement is to collect servicenow strategy for embarking technologies. In January, the company acquired Cuein, as a data analysis data analysis “ai-native”, to enhance the data processing capability.
Servicenowes confirms the latest Ai solutions are the fastest in the history of the history. The company says it has almost 1,000 customers, on 20224, and around $ 200 million at the annual contract value for “Pro Plus” ASI.
In the latest fiscal quarter (Q4 2024), Santa Clara-Based Santa Claraow Reported $ 2.96 billion in subscription rates, driven in the adoption of AI adoption.
