Products July 1, 2010
ADP to Acquire Workscape
July 1, 2010 (PLANSPONSOR.com) - ADP, a provider of HR, payroll and benefits administration services, announced it has entered into a definitive agreement to acquire privately-held Workscape, Inc.
Reported by Rebecca Moore
Workscape is a provider of integrated benefits and compensation solutions and services and provides Web-based software and services that address talent management, benefits administration, and employee communication challenges. It provides solutions to more than 3.5 million users with services deployed in over 180 countries, 48 currencies, and 70 languages.
ADP said the acquisition will significantly expand its presence within the benefits marketplace for large, complex organizations.
Closing of the acquisition is expected in the third quarter of calendar 2010 and is subject to customary closing conditions.« HHS Updates Materials for Early Retiree Reinsurance Program