Freshworks agrees to buy Torii to expand Freshservice into AI, software spend governance

• Freshworks agreed to acquire Torii to extend Freshservice into software management and AI spend governance.
• Deal aims to unify visibility into application inventory, license usage, identities, costs, and AI consumption in a single system.
• Torii tracks AI usage at the token level, attributes spend to teams, supports forecasting, and enables chargebacks, limits, and spike detection.
• Transaction is expected to close in Freshworks’ fourth fiscal quarter of 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freshworks Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610120800OMX_____CNEWS_EN_GNW9843634_en) on October 12, 2026, and is solely responsible for the information contained therein.