Palo Alto-based maker of cloud-based financial management software has been acquired by Adaptive Insights for $1.55b, which is more than double the $705m fully-diluted value that Adaptive Insights would have fetched in the middle of its IPO range as it was planning to go public this week.
If you want to do any planning for how many more people to hire, or for what functions, it starts with examining the data you have in the Workday system already.”