Freshworks acquired FireHydrant, Inc. for $88.7 million in cash (including $4.3 million of cash acquired), a transaction completed in January 2026, structured as Cash (all outstanding shares acquired; existing stock options canceled and replaced with new RSUs excluded from purchase consideration).
Incident management software company providing AI-powered incident management, acquired to expand Freshworks' IT service and operations portfolio.
Broadens Freshworks' IT service management and IT operations product portfolio with AI-powered incident management capabilities.
Advisory firms were not disclosed for this transaction.