Servicenow CFO is employed “Discipline” against Mega-Deal AI

Servicenow remains employed in a “very disciplined” merger and acquisition strategy, even if it pursues the largest business, according to CFO Gina Mastantuono.

Enterprise software company said last week that they intend to purchase artificial intelligence Startup Moveworks for $ 2.85 billion.

“We have always made these acquisitions of talents and technological capabilities,” Mastantuono said in an interview. “This is a little higher in price, given the capabilities that the company has.”

Servicenow says that the proposed purchase, which is expected to close in the second half of the year, will improve its agent and automation offers.

Mountain View, the Movewwwworks platform, based in California, uses Ageic technology to help employees find information and automate tasks in different business functions, including human resources and finance. The company’s customers include Hearst, Instacart, Palo Alto Networks, Siemens, Toyota and Unilever.

The leaders of Servicenow “do not do our job if we did not look at big and transformative,” said Mastantuono. However, she added that investors can “expect 100% that we will continue with a very disciplined approach of the M&A as we always have.”

Planned purchase comes as The heavy expenses of technological giants with AI come under increasing control from Wall Street. It also comes, because the technological directors sail in a more and more complex transaction environment, under President Donald Trump.

Tech M&A returned in 2024 and is provided for additional increase this year, Despite a recent wave of uncertainty on the market Regarding the change of federal policies on issues such as trade and tariffs, Lawrence Ch, co-president of the Global M&A group at Goodwin Procter law firm, in a blog post last month.

While Global M&A realizes in 2025 on a weaker basis than expected, this will probably prove only a temporary delay, as companies and decision makers adapt to the evolving landscape, Chu predicted.

“In other words, the spirits of the animals could have entered the temporary hibernation, but they will appear and will lead to the technology in 2025,” he said.

Trump in January announced an effort of $ 500 billion, four years for Stimulate national infrastructure of. Oracle, Openai, SoftBank and MGX will jointly implement a $ 100 billion initial to this initiative.

In the meantime, Sap and Working day They are among the technological giants who have signed the M&A offers related to you last year.

Servicenow’s latest business will allow the combined company to offer “a search and unified service experience, for all the applicants of employees in each work flow – all from a single entry point”, according to a press release.

The agent and the search for the Moveworks company will “extend the coverage of Servicenow at each applicant in a organization”, the statement said.

“What is clear to us and for Servicenow is that the future focus on this advancement of the agents inside the company in order to automate and make work more efficient,” said Bhavin Shah, CEO Moveworks, in an interview.

The transaction has $ 2.85 billion The price of “high expectations” signals From Servicenow, according to a blog post published by the research company Everest Group.

“The real test will be in execution – if Servicenow can successfully integrate NLU capabilities (Natural language understanding) Moveworks, without compromising security, governance or flexibility,” said posting on the blog. “If executed well, this movement could be a defining moment in AI Enterprise.