Canadian web-based workforce management software firm is the latest to be bought by ultra-acquisitive manufacturing ERP and supply chain solutions firm Infor.
The deal is an all cash transaction, valuing the organisation at $227m dollars.
Workbrain systems are aimed at helping companies plan, deploy and manage their workforces to reduce costs, increase sales and boost ‘employee satisfaction’. Users include British Airways, General Mills, Target and Lifespan, which harness the software to integrate workforce planning, labour forecasting, workforce scheduling, time and attendance and employee analytics.
“In just over seven years, Workbrain has built the leading workforce management software company... Joining Infor will accelerate our momentum by providing us access to Infor’s 70,000 customers and extensive global distribution network,” says David Ossip, CEO of Workbrain.
“Infor’s successful business model combines the built-in business experience of focused software providers like Workbrain with the scale, stability and breadth of solutions of one of the largest software providers,” says Jim Schaper, chairman and CEO of Infor.
“Workbrain expands our current human capital management offering with unmatched domain expertise in the areas of time and attendance, scheduling, absence management and workforce planning.”
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