Channel Brief: ServiceNow Buys Moveworks to Bolster AI Portfolio

IT operations management firm ServiceNow is making its biggest-ever acquisition; ServiceNow will acquire Moveworks for $2.85 billion in a mix of cash and stock, according to Reuters.

ServiceNow said it expects the deal to close in the second half of 2025. Bloomberg reported the deal late on Sunday night.

According to TechCrunch, Moveworks emerged from stealth in 2019. Its app helps enterprise customers automate high-level IT support and has since expanded its products to various lines of business, including HR, finance, and facilities management.

Prior to the acquisition, Moveworks raised just over $300 million from backers, including Tiger Global, Iconiq Growth, and Kleiner Perkins. It has more than 500 employees. ServiceNow and Moveworks already have several mutual customers, and the two companies’ product offerings are tightly integrated. With Moveworks, ServiceNow's platform can combine ServiceNow’s agentic AI and automation with Moveworks’ AI assistant and enterprise search technology, according to company executives.

As always, drop me a line at [email protected] if you have news to share or want to say hi!

Grab your coffee. Here's what you need to know today.

Today’s Tech, Channel and MSP News

1. Atturra expands into U.S. with Kitepipe acquisition: Australian solutions provider Atturra has acquired U.S.-based Boomi partner Kitepipe. The acquisition is part of Atturra's growth strategy, the company said. Kitepipe was founded in 2012 and is based in Wilmington, North Carolina, with a global offshore support team in the Philippines. It offers cloud integration services with a specialization in Boomi solutions and has expertise in the biotech, finance, and healthcare verticals. The deal includes an upfront consideration of US$3.15 million in cash with earn-out/post-completion of up to US$3.18 million in cash subject to Kitepipe achieving performance hurdles for calendar years 2025 and 2026.

2. ArmorCode's partner program: ArmorCode this week launched its ArmorCode Partner Program for value-added resellers (VARs), global system integrators (GSIs), and advisory firms. The program aims to expand the reach of ArmorCode’s security solutions and give partners resources to strengthen enterprise security. ArmorCode also introduced an ASPM Certified Professional (ACP) credential that validates channel partner solution engineers' (SEs) expertise.

3. CyberArk, Device Authority, Microsoft launch joint solution: CyberArk and Device Authority, in collaboration with Microsoft, have launched a joint solution to strengthen device authentication, lifecycle security and NIST compliance to help manufacturers reduce risk across connected devices. To address this, the partnership will combine Microsoft’s device management via Azure IoT with CyberArk’s privileged access management and Device Authority’s identity credentialing capabilities.

4. AuditBoard launches AI-powered audit tools: AuditBoard has introduced new AI-powered workflows to help customers automate repetitive tasks. The new capabilities include AI Scoping Memos to automatically analyze the scope of an audit and generate a detailed, structured memo and AI Cross-Audit Summaries that use AI to deliver an executive-level summary. The feature automates the consolidation of audit context, findings, and trends into a single, executive-level report to save time and increase efficiency while maintaining strict security.

5. Fortinet expands OT security platform: Fortinet has expanded its OT Security Platform to cover critical infrastructure and industrial sites, the company said. New enhancements include deeper OT-specific threat visibility with the FortiGuard OT Security Service, expanded ruggedized solutions for segmentation and 5G in harsh environments, and an upgraded OT SecOps portfolio for automated threat response and regulatory compliance tracking.

In-Person MSP and Channel Partner Events