Ceridian (CDAY) to Acquire Ideal

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Ceridian To Acquire Ideal, a Market Leader in Talent Intelligence Software

April 29, 2021 8:00 AM EDT

TORONTO and MINNEAPOLIS, April 29, 2021 (GLOBE NEWSWIRE) -- Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced it has entered into a definitive agreement to acquire Ideal, a leading talent intelligence software provider based in Toronto, Ontario. This acquisition is anticipated to optimize Ceridians talent management offering once Ideals capabilities are integrated into the Dayforce platform. The acquisition is expected to close on April 30, 2021.

In todays competitive global labor market, organizations are increasingly challenged to attract top talent while keeping pace with rapidly... More