Workday acquires Peakon to enhance employee engagement

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Workday, a leading provider of enterprise cloud applications for finance and human resources, recently announced its acquisition of Peakon, a Denmark-based employee engagement platform. The deal, valued at approximately $700 million, is expected to close in the first quarter of Workday’s fiscal year 2022, subject to regulatory approvals and customary closing conditions. Enhancing employee experience through data-driven insights With this acquisition, Workday aims to strengthen its capabilities in the area of employee engagement and feedback. Peakon’s platform enables organizations to gather real-time feedback from employees and analyze the data to…

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