Together the two firms will increase value to the customers they serve with the strength, size and scale to deliver rapid innovations.
Saba Software Inc., a global cloud-based talent management solutions provider has entered into a definitive agreement to acquire Halogen Software Inc., a provider of cloud-based performance management solutions.
The combination of Saba and Halogen, expected to close in the second quarter of 2017, will extend Saba’s position in offering end-to-end SaaS talent management solutions. Saba and Halogen will together serve over 4,000 customers worldwide. They will also increase value to the customers they serve with the strength, size and scale to deliver rapid innovations in talent management.
In combination with Saba’s robust learning, social and engagement capabilities, Halogen’s solutions and expertise in performance management will allow Saba to further accelerate talent innovation. Their combined solutions will enable organisations around the world to transform the employee experience and embrace new workplace dynamics through best-in-market innovations in learning, engagement and performance.
“Saba has a clear vision for the future of talent development and understands the powerful role learning and engagement experiences play in driving individual and business performance,” said Pervez Qureshi, CEO of Saba. “Combining Saba’s unrivaled learning and engagement capabilities with the proven innovation Halogen brings to performance management, we expect to accelerate delivery against this vision and rapidly create new value for our joint customers.”
At the same time, Les Rechan, president and CEO of Halogen said, “As part of Saba, Halogen’s next- generation performance vision is expected to accelerate by pairing our deep expertise in performance with the pioneers in continuous learning, collaboration and engagement. Both Halogen and Saba’s cultures share an unwavering focus on customer success.”