Shaking off the post-Thanksgiving holiday turkey coma to share with you, gentle reader, the latest installment of the monthly Inside HR Tech Column that runs on Human Resource Executive Online.
The piece is titled Navigating Mergers and Acquisitions in HR Tech, and is a look at some recent M&A activity in the HR Tech space, and offers some suggestions for HR leaders as to how to best protect their organization's investments in HR tech in this climate.
Here's an excerpt from the piece on HRE:
Recently, several significant mergers and acquisitions in the HR-technology market have made news. From Ultimate Software acquiring PeopleDoc to Saba Software acquiring Lumesse (and Halogen Software before that) to the latest and largest announcement that SAP will acquire Qualtrics for $8 billion in cash, there has been no shortage of wow-inducing developments in HR tech.
But while these announcements certainly produce headlines and get analyzed for their impact on share prices, market share and the software company’s long-term futures, we often tend to overlook one really important constituency that is impacted by these M&A events: the customers of the company that gets acquired.
While the M&A announcements and subsequent comments from executives of the acquiring company usually talk a little about what the future may hold for the acquired product and its customers, there definitely can be some uncertainty about the future direction of an acquired company and product set. For customers of those products, it is important to understand what an M&A event may mean for them, and to be as prepared as possible for any impacts—including changes that can significantly alter the customer’s HR technology platforms and future direction.
If your company is a customer/user of an HR-technology solution that has been acquired by another HR-tech provider, here are three things to consider as you react to the news:
Read the rest at HRE Online...
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