Cegid moves into the strategic People Management market with acquisition of Technomeida and cements its position as a major SaaS HR solution provider worldwide.
Cegid formed an alliance with Technomedia (Canadian firm with locations in the US, Europe and Hong Kong), a company behind an international SaaS Human Capital Management software suite for the private and public sectors. This merger is part of Cegid’s growth strategy in the HR sector, further cementing its international positioning. The new group formed by the alliance between Cegid and Technomedia will give businesses and public sector entities the tools they need to make a key transformation, from “administrative management” (based around payroll and social security contributions) to strategic People Management.
Download the Financial Release here: