Reuters: Silver Lake in talks to acquire Workday
Workday announced a €175m investment in Dublin last year, with plans to create 200 jobs. Read more: Reuters: Silver Lake in talks to acquire Workday
Workday, a leading HR platform, has been embroiled in acquisition talks with US private equity firm Silver Lake. The news sent the company's shares soaring by nearly 18%, boosting its market capitalisation to over $50bn. Silver Lake, which also invested €175m in Dublin last year to create 200 jobs, has a history of acquiring major tech and software companies, including Electronic Arts for $55bn.
The potential acquisition comes as Workday has invested heavily in AI, but recent reports suggest that adoption may be slower than anticipated due to compliance and governance requirements. The company reported $2.5bn in revenue in its first quarter of fiscal 2027, marking a year-over-year increase of 13.5%. Workday's CEO, Aneel Bhusri, stated that the company's core business is strong and that its AI strategy is working.
Written by urgent.news from Silicon Republic's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Exclusive-Silver Lake in talks to buy Workday, sources say channelnewsasia.com
