July 20, 2010 – ADP, a provider of HR, payroll and benefits administration services, has entered into a definitive agreement to acquire Workscape, Inc., a provider of integrated HR solutions and services. Based in Marlborough, MA, Workscape serves a broad client base, including numerous Fortune 250 companies, and provides solutions to more than 3.5 million users with services deployed in over 180 countries, 48 currencies and 70 languages. As such, the acquisition will significantly expand ADP's presence within the benefits marketplace for large, complex organizations. Closing of the acquisition is expected in the third quarter of calendar 2010 and is subject to customary closing conditions. Terms of the proposed agreement were not disclosed.
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