Silver Lake plans major Workday deal
The article discusses the possibility of private equity firm Silver Lake acquiring Workday, a company specializing in human resources and financial management software, in a deal that could be one of the largest software acquisitions in history. Prior to the announcement, Workday’s market value was approximately $43 billion, and its shares surged by 18% after news of the negotiations spread. Workday is regarded as a leading cloud software company and is facing pressures from the development of artificial intelligence, which has impacted its growth rate. The company reported revenues of $9.6 billion for the fiscal year 2025, with growth slowing compared to the previous year. The deal is expected to serve as a test of investors' stance towards traditional software companies amid ongoing technological changes.
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