June 11, 2018 / 12:12 PM / in 4 months

Workday to buy Adaptive Insights for $1.55 bln

June 11 (Reuters) - Human resources software maker Workday Inc said on Monday that it would buy Adaptive Insights Inc in a deal valued at $1.55 billion.

Adaptive Insights, a cloud platform for business planning, was expected to price its up to $123 million IPO this week. (Reporting by Sonam Rai in Bengaluru; Editing by Anil D'Silva)

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