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Workday To Acquire Scout RFP In Approx. $540 Mln Cash Deal - Quick Facts

Workday (WDAY), a provider of enterprise cloud applications for finance and human resources, has agreed to acquire Scout RFP in an all cash deal. Scout RFP is the sourcing and supplier engagement platform trusted by procurement teams to streamline their processes. It is headquartered in San Francisco and funded by Scale Ventures, Menlo Ventures, New View Capital, Salesforce Ventures, Workday Ventures, and Google Ventures.

The transaction is expected to close in the fourth quarter of Workday's fiscal year 2020, ending Jan. 31, 2020.

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