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UKG | December 16, 2021
A ransomware attack on a major HR technology provider is creating chaos around attendance, scheduling and payroll for thousands of employers with no certain end to the problem in sight. Ultimate Kronos Group (UKG) revealed that one of its cloud-based time and attendance systems—Kronos Private Cloud—was exploited by hackers and that the outage could last several weeks. That's especially distressing news due to the increased use of variable staffing and vacation sche...
Hr Analytics
Cornerstone | August 09, 2021
Cornerstone OnDemand, Inc a global leader in talent management software, today announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of its affiliates, “Clearlake”), a leading private equity firm. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise value of approximately $5.2 billion. Read More
Ericsson | March 05, 2020
Ericsson (NASDAQ: ERIC) today announced its commitment to invest in the advancement of its current and future workforce by joining the White House Pledge to America's Workers program. With the signing of this pledge, Ericsson commits to providing individuals with opportunities to develop skills that will help them succeed, not just in their current role, but throughout their careers. Over the next five years, Ericsson will create 50,000 enhanced career opportunities for individuals in the U....
Hr Analytics, Workforce Management
PRnewswire | June 19, 2023
Humanforce, a Sydney-based global provider of workforce management (WFM) and payroll solutions, today announced the completion of its acquisition of intelliHR, a fellow Australian-born HR tech SaaS company. The takeover deal, worth over AUD$77 million, is Humanforce's third acquisition since receiving capital investment in May 2022 from leading technology-focused private equity firm Accel-KKR. Founded in 2013, intelliHR is a best-of-breed, intelligent people platf...
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