Servicenow’s Acquisition Of Moveworks Is Reportedly Being Reviewed Over Antitrust Concerns

ServiceNow’s acquisition of endeavor AI startup Moveworks is reportedly drafting regulatory scrutiny.

The acquisition is presently nether reappraisal for antitrust by nan U.S. Justice Department, according to Bloomberg, which cited sources acquainted pinch nan matter. The probe began successful June, Bloomberg reported, and some companies person since received a “second request” calling for further accusation that has to beryllium provided earlier nan woody tin move forward.

ServiceNow announced it was acquiring Moveworks for $2.85 cardinal successful March. At nan time, ServiceNow predicted nan woody would adjacent successful nan 2nd half of 2025.

Moveworks declined to comment. TechCrunch has reached retired to ServiceNow for much accusation and will update nan article if nan institution responds.