ServiceNow’s acquisition of enterprise AI startup Moveworks is reportedly drawing regulatory scrutiny.
The acquisition is at the moment below overview for antitrust by the U.S. Justice Division, according to Bloomberg, which cited sources accustomed to the matter. The probe started in June, Bloomberg reported, and each corporations have since obtained a “second request” calling for extra info that must be offered earlier than the deal can transfer ahead.
ServiceNow announced it was acquiring 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 info and can replace the article if the corporate responds.
