FRSH FRESHWORKS INC

Freshworks to Deepen its IT Service and Operations Portfolio with Acquisition of FireHydrant’s AI-Native Incident Management and Reliability Platform

Freshworks to Deepen its IT Service and Operations Portfolio with Acquisition of FireHydrant’s AI-Native Incident Management and Reliability Platform

SAN MATEO, Calif., Dec. 15, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: FRSH) has signed a definitive agreement to acquire , a provider of AI-powered Incident Management software. The combination will bring together IT Service Management (ITSM) and FireHydrant’s core IT Operations Management (ITOM) as a unified AI-native ServiceOps solution designed to simplify operations, proactively prevent disruptions, and ensure exceptional IT service reliability.

Co-founded by Robert Ross and Dylan Nielsen in 2018, FireHydrant has deep expertise in IT and DevOps with customers across consumer and business industries including Palo Alto Networks, BP, and Qlik. The company’s software-as-a-service provides advanced on-call management, structured major-incident response, and integrated retrospective analysis embedded with AI.

“We believe the FireHydrant technology will contribute to our vision of unifying IT and employee experiences where service, asset, and operations management converge with AI to drive business continuity and efficiency," said Dennis Woodside, CEO and President of Freshworks. "Our Employee Experience (EX) business continues to demonstrate durable growth, powered by our expansion upmarket, into more departments and into adjacent markets and this acquisition will further accelerate our Freshservice momentum by unifying critical IT capabilities for our customers.”

In today's digital-first economy, every minute of downtime is a threat to brand reputation and financial stability. IT teams face the immense challenge of managing incident chaos using disparate tools for monitoring, alerting, on-call scheduling, and post-mortem analysis. This complexity leads to slow, manual incident response and a failure to learn from past disruptions, trapping teams in a never-ending cycle of reactive firefighting.

Together, FireHydrant and Freshservice seek to eliminate the critical pain points caused by the long-standing problem of siloed Service Management and IT Operations. The unified experience of an AI-native ServiceOps solution is designed to enable:

  • Unified Visibility. Freshservice and FireHydrant create a seamless path from recognizing a problem to fixing it. Together IT service, operations management (Freshservice) and incident management (FireHydrant) create a unified view of all technology and service dependencies. That means fewer frustrating handoffs and quicker, higher-quality service.



  • Faster Response. FireHydrant utilizes AI to summarize incident context and guide structured, step-by-step response workflows to help teams reduce alert noise and surface what truly requires action. That means stronger collaboration across IT and engineering teams and faster incident resolution.



  • Proactive IT. Combining service and asset information (Freshservice) with detailed post-incident insights (FireHydrant) enables teams to spot recurring patterns and prevent them from ever happening again. This AI-powered, data-driven approach shifts the entire organization from constantly putting out fires to building a genuinely resilient and proactive service model.

Robert Ross, Founder and CEO of FireHydrant said, “Freshworks shares the core philosophy that has guided FireHydrant since day one: software should make life less complicated for the people using it. We built FireHydrant to eliminate the chaos and pain of incident response and now, with Freshworks, we are creating what we've always believed should exist: a unified, end-to-end operational and reliability platform.”

The acquisition is expected to close in Freshworks’ first fiscal quarter of 2026, subject to customary closing conditions.

About Freshworks

Freshworks Inc. builds uncomplicated service software that delivers exceptional customer and employee experiences. Its enterprise-grade solutions are powerful yet intuitive, and quick to deliver value. With a people-first approach to AI, Freshworks helps teams be more effective and organizations more productive. Nearly 75,000 companies — including Bridgestone, New Balance, S&P Global, and Sony Music — trust Freshworks to improve service efficiency and fuel long-term loyalty. For the latest updates, visit  and follow Freshworks on , , and .

About FireHydrant

FireHydrant is a sophisticated end-to-end incident management platform that empowers businesses to seamlessly declare, automate, and resolve incidents at any scale. Founded by engineers with real-world experience and trusted by global innovators across all industries, FireHydrant’s goal is to provide a platform where reliability is center stage. For more information, visit us at . 

© 2025 Freshworks Inc. All Rights Reserved. Freshworks, Freshservice and any associated logo are trademarks of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any third parties of Freshworks Inc. or any aspect of this press release.

Contact:

A photo accompanying this announcement is available at



EN
15/12/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FRESHWORKS INC

 PRESS RELEASE

Freshworks to Deepen its IT Service and Operations Portfolio with Acqu...

Freshworks to Deepen its IT Service and Operations Portfolio with Acquisition of FireHydrant’s AI-Native Incident Management and Reliability Platform SAN MATEO, Calif., Dec. 15, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: FRSH) has signed a definitive agreement to acquire , a provider of AI-powered Incident Management software. The combination will bring together IT Service Management (ITSM) and FireHydrant’s core IT Operations Management (ITOM) as a unified AI-native ServiceOps solution designed to simplify operations, proactively prevent disruptions, and ensure exceptional IT service reliabilit...

 PRESS RELEASE

Freshworks Launches New AI Capabilities to Minimize Customer Service F...

Freshworks Launches New AI Capabilities to Minimize Customer Service Fragmentation and Deliver Faster, More Personal Support The new Freshdesk Command Center, Vertical AI Agents, and Freddy AI Insights eliminate service complexity so brands can focus on building stronger customer relationships SAN MATEO, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- . (NASDAQ: FRSH) unveiled new capabilities at its flagship Refresh event, within , designed to help customer experience (CX) teams reduce response times, enhance resolution rates, and gain clearer insights into issues and escalations that impact...

 PRESS RELEASE

Freshworks Launches AI-Powered Capabilities to Elevate the Employee Ex...

Freshworks Launches AI-Powered Capabilities to Elevate the Employee Experience and Turn Complexity into Growth Updates to Freshservice, Freddy AI Agent and Freddy AI Insights help to uncomplicate enterprise service delivery, modernizes IT, and grows trust with employees SAN MATEO, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: FRSH) unveiled new capabilities at its flagship Refresh event within , the AI-powered IT management platform, that make it easier for teams to resolve issues faster, prevent problems earlier, and identify performance drivers proactively. The updates leverage ...

 PRESS RELEASE

20% of Software Budgets Wasted on Unnecessary Business Complexity, Fre...

20% of Software Budgets Wasted on Unnecessary Business Complexity, Freshworks Survey Finds New research identifies the "growth tax" on companies due to enterprise software-induced complexity, which drains millions of dollars and costs employees nearly a full workday each week in lost productivity SAN MATEO, Calif., Nov. 10, 2025 (GLOBE NEWSWIRE) -- As businesses expand their technology stacks and operational processes, they face a hidden but pervasive challenge: complexity. A new report from (NASDAQ: FRSH) has calculated exactly what that complexity costs. , based on a global survey o...

 PRESS RELEASE

Freshworks Expands Enterprise Service Management to Power All Business...

Freshworks Expands Enterprise Service Management to Power All Business Functions Freshservice for Business Teams has doubled in ARR as an add-on to Freshservice ITSM and is now available as an independent product for non-IT functions SAN MATEO, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH), today announced that is now available as a standalone product, no longer requiring an existing Freshservice IT Service Management (ITSM) implementation. The move provides businesses more options to accelerate uninterrupted service delivery to HR, Finance, Legal and other t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch