Ceridian Acquires Dayforce

February 14, 2012 – Ceridian Corporation, a provider of managed human resource, recruiting solutions, and payroll outsourcing solutions, has entered into a definitive agreement to acquire Dayforce Corporation. Terms and financial details of the deal were not disclosed. “Innovation is a top priority at Ceridian. With this acquisition we are gaining development and delivery expertise and innovative technology that are the perfect complement to Ceridian's experience, established customer base and tremendous market reach,” said Stuart C. Harvey Jr., Ceridian's chief executive officer and president. “We are well positioned to deliver the most advanced human capital management cloud platform in the industry.” Ceridian's new platform will be marketed as Dayforce|HCM and in 2012 will include human resources, payroll, benefits, self-service, time & attendance, and scheduling. Clients can access the solution via the web and on mobile devices.

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