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Freshworks to acquire Torii to expand AI spend management capabilities

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Freshworks to acquire Torii to expand AI spend management capabilities

Business News Tech IT Freshworks to acquire Torii to expand AI spend management capabilities

The acquisition will help Freshworks provide businesses with greater visibility into their software applications, licences, user identities and AI-related expenditure, as companies grapple with rising costs and security risks from the growing use of SaaS and AI tools.

Software-as-a-service company Freshworks said it will acquire New York-based SaaS management platform Torii to expand its Freshservice offering to software management and artificial intelligence (AI) spending governance.Freshservice is the IT service management platform of Nasdaq-listed Freshworks.The acquisition will help Freshworks provide businesses with greater visibility into their software applications, licences, user identities and

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