Announced

Workday to acquire VNDLY for $510m.

Synopsis

Workday, a provider of enterprise cloud applications, agreed to acquire VNDLY, a cloud-based platform, for $510m. “As organizations expand the definition of their workforce to meet growing business and talent demands, they need solutions that provide a holistic view of all worker types -- including contingent workers -- so they can better plan for and meet the great opportunity in front of them. VNDLY is at the forefront of the vendor management industry with an innovative and intuitive approach. The powerful combination of our technologies and talent will help customers better manage their evolving workforce dynamics, helping them keep pace with today’s changing world of work,” Pete Schlampp, Workday Chief Strategy Officer.

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