---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-127540"
form_type: "8-K"
ticker: "FRSH"
cik: "0001544522"
company_name: "Freshworks Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:48:37.198032+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Freshworks acquires Device42 for $230M; $215M cash plus $15M equity rollover

## Summary
- Device42 acquired for $230M on cash-free, debt-free basis; $215M cash and $15M equity rollover by founder Raj Jalan.
- Up to $20M in Freshworks RSUs allocated for retention of Device42 employees.
- Transaction subject to regulatory approvals; Device42 stockholders have already delivered written consent adopting the merger.
- Device42 will become a wholly-owned subsidiary of Freshworks post-closing.

## SEC filing metadata
- accession: 0001193125-24-127540
- form_type: 8-K
- ticker: FRSH
- cik: 0001544522
- company_name: Freshworks Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1544522/000119312524127540/0001193125-24-127540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1544522/000119312524127540/d811311d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-127540
- JSON: https://secwatch.observer/filing/0001193125-24-127540.json
- Plain text: https://secwatch.observer/filing/0001193125-24-127540.txt

## Key facts
- Material Agreements
  Freshworks Inc. entered into Agreement and Plan of Merger with Device42 valued at $230 million (effective 2024-04-30).
  - Action: entry
  - Agreement: merger
  - Counterparty: Device42
  - Value: $230 million
  - Effective: 2024-04-30
  source text: On April 30, 2024, Freshworks Inc. (“Freshworks” or the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with D42 Parent, Inc., a Delaware corporation (“Device42”), pursuant to which Freshworks
  evidence_url: https://www.sec.gov/Archives/edgar/data/1544522/000119312524127540/0001193125-24-127540-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.