It is said that the acquisition of Servicenow for Moveworks is reviewed on anti -monopoly concerns


It is said that the acquisition of Servicenow for Enterprise Ai Startup Moveworks is directed to organizational audit.

The acquisition is currently under review to combat monopoly by the US Department of Justice, According to BloombergWhich were familiar with this issue. Bloomberg stated that the investigation started in June, and the two companies have since received a “second request” calling for additional information that must be submitted before the deal was able to move forward.

Servicenow has announced that it will get Moveworks For $ 2.85 billion in March. At that time, Servicenow predicted that the deal would be closed in the second half of 2025.

Moveworks rejected the comment. Techcrunch contacted Servicenow for more information and will update the article if the company responds.

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