Workday said it entered into a definitive agreement on August 21, 2025 to acquire all of the outstanding capital stock of Paradox, Inc., subject to the satisfaction of closing conditions and receipt of required regulatory approvals.

1. 01

   Workday said it entered into a definitive agreement on August 21, 2025 to acquire all of the outstanding capital stock of Paradox, Inc., subject to the satisfaction of closing conditions and receipt of required regulatory approvals.

2. 02

   The company said it expects the transaction to close in the third quarter of fiscal Q3 2026, which ends on October 31, 2025, subject to the satisfaction of closing conditions, including required regulatory approvals.

3. 03

   Paradox said it has powered more than 189 million AI-assisted candidate conversations, and the company highlighted that its improved candidate response times have resulted in employee conversion rates over 70% and time-to-hire as low as three and a half days.

4. 04

   Workday said the Paradox acquisition will give it an AI-powered talent acquisition suite. It cited the risks that the transaction may not be completed in a timely manner or at all, that the expected benefits may not be achieved, and that unanticipated acquisition-related expenses may arise.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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