ServiceNow’s acquisition of enterprise AI startup Moveworks is reportedly drawing regulatory scrutiny.
The acquisition is at the moment beneath assessment for antitrust by the U.S. Justice Division, in response to Bloomberg, which cited sources conversant in the matter. The probe started in June, Bloomberg reported, and each firms have since acquired a “second request” calling for added data that needs to be supplied earlier than the deal can transfer ahead.
ServiceNow introduced it was buying Moveworks for $2.85 billion in March. On the time, ServiceNow predicted the deal would shut within the second half of 2025.
Moveworks declined to remark. TechCrunch has reached out to ServiceNow for extra data and can replace the article if the corporate responds.
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