Reported about 6 hours ago
Elliott Management has acquired a stake exceeding $2 billion in Workday, a human resources software provider, while endorsing the company's leadership, particularly its CEO and CFO, for their significant progress. The investor expressed confidence in Workday's multi-year strategic plan and noted a positive ongoing dialogue with the company. In related news, Workday announced a $1.1 billion acquisition of AI firm Sana as part of its strategy to enhance competitiveness in the HR software market.
Source: YAHOO