Reuters reported that Silver Lake, a U.S. private equity firm, is in talks to acquire Workday, a leading provider of cloud-based human resources services. The talks have continued for the past several months, and may not result in an agreement, according to the report.
Reuters reported that Silver Lake, a U.S. private equity firm, is in talks to acquire Workday. The negotiations have continued for the past several months, but no formal agreement has been reached at this time, according to the report.
Workday is a cloud-based SaaS company that manages human resources and finance for businesses. If completed, the acquisition could become one of the largest deals involving a software company, according to the report.
The report said the two companies remain in discussions, although the negotiations could still break down. Specific terms and a timeline have not been disclosed.
Nikkei published an article relaying the report, as the market awaits further developments.