Ceridian acquires Toronto-based Ideal

‘We’re in a unique position to help our customers leverage the power of AI’

Ceridian acquires Toronto-based Ideal

Ceridian, human capital management (HCM) technology leader, recently announced their aquisition of Toronto-based software provider Ideal. This acquisition is anticipated to optimize Ceridian’s talent management offering once Ideal’s capabilities are integrated into the Dayforce platform. The acquisition is expected to close today (April 30, 2021).

Speaking to HRD, Ceridian’s chief product and technology officer, Joe Korngiebel, added: “Today’s business leaders need data-driven, real-time decision making at all levels of the organization. With our acquisition of Ideal, we’re in a unique position to help our customers leverage the power of artificial intelligence to reinvent their talent acquisition strategies and navigate the future of work with more precision, while improving equity across their entire workforce.”

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Ideal is a talent intelligence system that enhances HR tech to help teams make more accurate, efficient, and fair talent decisions.

“At Ideal, we are passionate about providing our customers with powerful, actionable workforce insights to drive fair, accurate, and equitable decision making and help them achieve long-term organizational success,” explained Somen Mondal, CEO and Co-founder, Ideal.

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“Together with Ideal, we stand to further our vision to make work life better by empowering our customers to make smarter, more efficient talent decisions and improve equity across their workforces,” continued Korngiebel. “Today’s announcement reinforces that we continue to not just meet the needs of organizations today, but well into the future, and we are thrilled to welcome Ideal to the Ceridian family.”

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