Private equity firm Hellman & Friedman’s $11 billion buyout of Ultimate Software is just the most dramatic indication of rising momentum in the mergers and acquisitions of HCM technology companies.
A report by UK-based advisory firm Hampleton Partners said the Ultimate transaction, the industry’s largest-ever deal, was one of 66...
Workday has combined its services and support functions into
a single Customer Experience organization and created a chief customer officer position
to lead it. The role’s been filled by Emily McEvilly, who had been senior vice
president of services.
The company said McEvilly’s job is to ensure “deployment success and customer satisfaction,” and...
Our weekly roundup of deals, product announcements and other HR technology news.
Australia’s PageUp
has acquired Dublin-based recruitment marketing platform
provider Clinch. The acquisition expands PageUp's recruitment software lineup
to include proactive sourcing and other tools to handle content management,
automated recruitment marketing and enhanced candidate relationship management.
Clinch also offers end-to-end recruitment analytics and...
Our weekly roundup of deals, product announcements and other HR technology news.
Fortune 500 companies aren’t
doing a great job when it comes to optimizing candidate experience through
advanced technology. A report by Phenom People found that more than 90 percent
don’t delivery hyper-personalized experiences, use chatbots, delivered
recommended jobs or offer a social...
If November’s activity is any indication, UK-based Access Group has embarked on a serious growth campaign. In just the last three weeks, the company announced its first overseas acquisition, two more deals at home and topped out its new headquarters.
First, Access Group acquired Access Group acquired Attaché,
an Australian financial...
Déjà vu all over again: Corporate leaders recognize that
their workforces are changing dramatically, but they’re dithering when it comes
to preparing for the future those changes will bring.
According to Ceridian’s 2020 Future of Work Report, nearly 75 percent of decision-makers are worried about the health of their industry over the...
Our weekly
roundup of deals, product announcements and other HR technology news.
SilkRoad Technology added SilkRoad
Succession Planning to its Performance product. The new feature helps organizations
anticipate changes in their workforce by identifying and analyzing positions necessary
for business and creating a development process for employees who can fill
those roles.
Phenom People announced...
While reporting solid earnings, Ceridian offered hints about
its growth plans for the next several years.
Ceridian reported a year-on-year revenue increase of nearly
14 percent, to $202.3 million, during the third quarter. Dayforce recurring revenue
grew 32.6 percent to $109.4 million.
During the company’s earnings call, CEO David Ossip said the Dayforce customer...
Our weekly roundup of deals,
product announcements and other HR technology news.
Workday will acquire Scout RFP, a cloud-based sourcing
and supplier engagement platform, in an all-cash transaction of about $540
million. Workday said Scout RFP will allow it to provide customers a comprehensive
source-to-pay solution that reduces spend, strengthens compliance and maximizes
engagement for...
Cornerstone OnDemand is spending a lot of time talking about
content and taking steps to help employers better communicate with their
younger employees.
During this week’s third-quarter earnings call, company executives
said a continued emphasis on content and data will set the company apart from
its competitors and ensure continued growth.
CEO Adam Miller said...
