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February 6th, 2008

Workday acquires Cape Clear to deliver integration as a service

Posted by Dan Farber @ 10:12 am

Categories: Enterprise 2.0

Tags: Cape Clear Software, Workday, Integration, Financial Accounting, Microsoft Excel, Vertical Industries, Financial Planning, Finance, Microsoft Office, Office Suites

On demand enterprise software provider Workday is adding integration services to its stack with the purchase of Cape Clear, an Enterprise Services Bus (ESB) provider. Workday had already integrated Cape Clear’s bus into its HR and financial applications, such as providing report services via Excel.

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Cape Clear’s solution won’t be offered as a standalone product henceforth, and will be available only as part of Workday Integration On Demand, the company said. Workday did not disclose financial terms of the acquisition, which is expected to close in 30 days. Dana Gardner has the full story and analysis.

Dan Farber, editor-in-chief of CNET News.com, has more than 20 years of experience as an editor and journalist covering technology. See his full profile and disclosure of his industry affiliations.

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