Business
Xero makes its largest acquisition ever, buys Europe’s Planday – The Australian Financial Review
The cloud accounting software giant has acquired European workforce management platform Planday in a deal worth $284.8 million.
Plandays workforce management platform helps small businesses to respond to the rapidly changing nature of work. Planday also addresses the growing need for flexibility and rising compliance demands within the workplace, he said.
The platform has more than 350,000 employees on it, with its biggest markets being Denmark, Sweden, Norway and the UK.
The deal also includes up to 27.8 million in milestone payments, based on Plandays product development progression and revenue growth. This will come in…
-
General24 hours agoAustralia’s Myanmar community mourns earthquake losses
-
Noosa News23 hours agoAustralian growers expect to benefit from US tariffs as Trump’s trade war angers markets
-
Noosa News20 hours agoDisaster relief packages announced for flood-stricken western Queensland
-
Noosa News23 hours agoHow to get the most from potted citrus and when they’ll fruit