January 28: Workday acquires Peakon for $ 700 million
Peakon was founded in Denmark in 2014 and has raised $ 68 million in funding to date. It provides organizations with a software-as-a-service (SaaS) tool to regularly track employee sentiment and other tools to measure employee happiness, making it a highly complementary acquisition to Workday’s proprietary SaaS HR tools .
“Including Peakon into the Workday family will be very attractive to our customers – especially after an extraordinary past year that has increased the importance of a constant pulse on employee sentiment to keep people engaged and productive,” Aneel Bhusri, Workday co-founder and co-CEO said in a statement.