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Startup News and Venture Investments - Saturday, July 26, 2025: Venture Boom Gaining Momentum, IPOs on the Rise and New Funds Launching
... intelligence.
ServiceNow – Moveworks:
American firm ServiceNow is acquiring the startup
Moveworks
(an AI platform for corporate automation) for approximately $2.85 billion to integrate its solutions and enhance its AI products.
Xero – Melio:
New Zealand ... ... billion. This deal allows Xero to expand its presence in the U.S. market and combine accounting and payment services for small businesses.
Apart from these mega-deals, nearly every week sees announcements of smaller strategic acquisitions, especially in ...