Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Mar. 4, 1:56 PM
| This Slide: #39 of 100 |
Slide #39. Ceridian — Ascender
Acquirer:
Ceridian (NYSE:CDAY)
Acquiree:
Ascender
Details:
Ceridian (NYSE: CDAY; TSX:CDAY.CA), a global leader in human capital management (HCM) technology, today announced it has completed the acquisition of Ascender HCM Pty Limited, a leading HR and payroll solutions provider in the Asia Pacific Japan (APJ) region. The acquisition was previously announced on February 1, 2021 and closed effective today.
Ceridian HCM Holding is a holding company. Through its subsidiaries, Co. is a human capital management (HCM) software company. Dayforce, Co.'s cloud HCM platform, provides human resources (HR), payroll, benefits, workforce management, and talent management functionality. In addition to Dayforce, Co. sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. Co. also continues to support customers using its Bureau solutions, which it generally stopped selling to new customers. Co. invests in maintenance and necessary updates to support its Bureau customers and continues to migrate them to Dayforce.
CDAY SEC Filing Email Alerts Service
Open the CDAY Page at The Online Investor »
|
|||||||||||||||||||||
Open the CDAY Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Buy (3.09 out of 4) 36th percentile
(ranked lower than approx. 64% of all stocks covered)
Analysts' Target Price: CDAY Stock Forecast Based on Zacks ABR data; powered by Xignite |
