Mergers & AcquisitionsBy The Online Investor Staff, updated Thu., Mar. 4, 1:56 PM
|This Slide: #39 of 100|
Slide #39. Ceridian — Ascender
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.
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