Workday, Inc. entered into a definitive agreement to acquire HiredScore, Inc.
February 25, 2024
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Workday, Inc. (NasdaqGS:WDAY) entered into a definitive agreement to acquire HiredScore, Inc. on February 23, 2024. Transaction is subject to the satisfaction of customary closing conditions, including required regulatory approvals. Orrick, Herrington & Sutcliffe LLP is acting as a legal advisor to Workday, Inc. and Cooley LLP is acting as legal advisor to Cooley LLP.
Transaction is expected to close in Q1, 2025 ending April 30, 2024.
Workday Inc. is specialized in the publishing of cloud-based management software for businesses, educational institutions and government bodies. The group offers financial management and human resources and analytical solutions for the finance, technology, communications, professional services, healthcare, pharmaceuticals, insurance, manufacturing, distribution, hotel, higher education and government administration sectors.
Net sales by source of income break down between sales and subscriptions (89.6%) and professional services (10.4%).
75.3% of the revenue is generated in the United States.