Technology

Workday Announces Intent to Acquire HiredScore

Published

2 years ago

February 26, 2024

Acquisition Will Combine Industry-Leading Responsible AI Solutions to Elevate the Talent Acquisition Experience for Companies Around the World

PLEASANTON, Calif., Feb. 26, 2024 /PRNewswire/ — Workday, Inc. (NASDAQ:WDAY), a leading provider of solutions to help organizations manage their people and money, has entered into a definitive agreement to acquire HiredScore, a leading provider of AI-powered talent orchestration solutions, which enable companies to use data-driven insights to improve recruiting and talent mobility processes. The combination of Workday Talent Management, Workday Skills Cloud, and HiredScore’s Talent Orchestration solutions, will provide customers with a comprehensive, transparent, and intelligent talent acquisition and internal mobility offering, helping them better address their ever-evolving people needs.

“People are at the heart of every organization, and investing in new and innovative ways to unlock the potential of talent is more important than ever,” said Carl Eschenbach, CEO, Workday. “HiredScore is the perfect complement to our product portfolio as we look to provide AI solutions that deliver real business value for our customers. The combination of our AI technologies that keep humans at the center, along with a deep understanding of the workforce landscape, will help organizations thrive and move forever forward.”

“We’ve only just begun to see the opportunities of what is possible with responsible AI in the workforce, and how organizations can use it more efficiently and effectively to deliver on HR transformation goals related to recruiting and employee experiences,” said Athena Karp, founder and CEO, HiredScore. “By combining our efforts and innovations with Workday, we’ll be able to deliver even more value to companies around the world as they look to build their future HR function.”

A Transformative Solution to Support Talent Needs
With employers struggling to find the talent they need, and up to a quarter of jobs expected to change in the next five years, human resources leaders are facing an increasingly complex labor market. The combination of Workday and HiredScore will provide organizations with a comprehensive and intelligent talent acquisition and internal mobility solution to help them keep pace with growing workforce and business demands. This will include the ability to:

Leverage Responsible AI to Solve Recruiting Challenges: With both companies committed to responsible AI and keeping humans at the center of decision-making, the joint offering will provide an explainable and trustworthy way for customers to match, hire, and manage talent from across their talent ecosystem.Better Manage the Talent Lifecycle: To help HR leaders manage the holistic view of the talent lifecycle, Workday and HiredScore will provide a combined offering that will better enable recruiters to use data to connect talent to open opportunities. This includes solutions that assist with identifying candidates whose skills and experience most closely match a customer’s open jobs, accelerating screening using data-driven insights, and identifying passive candidates – including within a customer’s talent ecosystem. The offering will also provide enhanced internal mobility and upskilling by helping employees more easily identify and prepare for new opportunities at their company. Elevate the Recruiter and Hiring Manager Experience: The combined Workday and HiredScore offering will help companies make their talent acquisition efforts more efficient by streamlining and expediting hiring processes through automated notifications, guided experiences, and recommended action items, all in their flow of work.

Details Regarding Proposed Acquisition of HiredScore
The transaction is expected to close in the first quarter of Workday’s fiscal year 2025, ending April 30, 2024, subject to the satisfaction of customary closing conditions, including required regulatory approvals. Orrick is serving as legal advisor to Workday and Cooley is serving as legal advisor to HiredScore and its shareholders.

About Workday
Workday is a leading enterprise platform that helps organizations manage their most important assets – their people and money. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,000 organizations around the world and across industries – from medium-sized businesses to more than 50% of the Fortune 500. For more information about Workday, visit workday.com.

About HiredScore
HiredScore is a leading provider of Talent Orchestration technology. HiredScore’s artificial intelligence, automation, and deep integrations empower some of the largest and most innovative companies in the world to safely and transparently drive critical business outcomes in recruitment productivity, internal mobility, and total talent management. HiredScore’s proprietary technology provides responsible AI that seamlessly connects to data and systems to power the shift in HR operating models. HiredScore is live in 150 countries and available in 70 languages. Learn more at hiredscore.com.

Forward-Looking Statements
This press release contains forward-looking statements related to Workday, HiredScore, and the acquisition of HiredScore by Workday. These forward-looking statements are based only on currently available information and Workday’s current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of Workday’s control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Forward looking statements in this communication include, among other things, statements about the potential benefits and effects of the proposed transaction; Workday’s plans, objectives, expectations, and intentions with respect to HiredScore’s business; and the anticipated timing of closing of the proposed transaction. Risks include, but are not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all; (ii) failure to achieve the expected benefits of the transaction; (iii) Workday’s ability to implement its plans, objectives, and other expectations with respect to HiredScore’s business and its ability to deliver a transformative solution to support talent needs and provide customers with a comprehensive, transparent, and intelligent talent acquisition and internal mobility offering; (iv) negative effects of the announcement or the consummation of the transaction on Workday’s business operations, operating results, or share price; (v) unanticipated expenses related to the acquisition; and (vi) other risks and factors described in our filings with the Securities and Exchange Commission (“SEC”), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

Any unreleased services, features, or functions referenced in this document, Workday’s website, or other press releases or public statements that are not currently available are subject to change at Workday’s discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.

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SOURCE Workday Inc.

Technology

E Ink Breaks Ground on Expansion of U.S. Research & Development Headquarters

Published

56 seconds ago

July 21, 2026

New facility underscores company’s long-term investment in innovation, advanced display technologies, and local economic growth

BILLERICA, Mass., July 21, 2026 /PRNewswire/ — E Ink, the originator, pioneer, and global commercial leader in ePaper technology, today celebrated the groundbreaking of an expansion of the U.S. headquarters in Billerica, Massachusetts. The project expands the footprint at the company’s Billerica Innovation Center, reinforcing E Ink’s long-term commitment to cutting-edge innovation and the Massachusetts technology ecosystem.

E Ink Breaks Ground on Expansion of U.S R&D Headquarters in Massachusetts.

“Today’s groundbreaking marks an exciting milestone for E Ink as we further invest in the people, technologies, and infrastructure that drive innovation,” said Paul Apen, Chief Business and Operations Officer at E Ink. “Expanding our Billerica campus strengthens our ability to advance technology innovation in the United States, support our customers around the world, and contribute to the continued growth of the local economy and innovation community.”

The expanded facility will provide a new, cutting-edge workspace that inspires collaboration and accelerates advancements in ePaper applications. Construction is expected to be completed by March 2027 with support from NV5 Planning & Design, Inc., IF Design L.L.C., and SPEC Process Engineering & Construction, Inc.

E Ink has a storied connection to the state of Massachusetts, having spun out of the MIT Media Lab in 1997 and since establishing its U.S. headquarters in Billerica. The Billerica campus is home to 260+ employees and serves as a key global R&D center, collaborating closely with customers, academic institutions, and industry partners to develop technologies that enable low-power, highly readable, and sustainable display solutions.

“We’re grateful for the ongoing partnership between the Town of Billerica and E Ink,” said Katherine Malgieri, Director, Planning & Community Development at the Town of Billerica. “This latest project is expected to create new jobs during development and upon completion, further contributing to the region’s innovation economy.”

About E Ink
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, provides an ideal display medium for applications spanning eReaders and eNotes, retail, home, hospital, transportation, logistics, and more, enabling customers to put displays in locations previously impossible. E Ink’s electrophoretic display products make it the worldwide leader for ePaper. Its low-power displays enable customers to reach their sustainability goals, and E Ink has pledged using 100% renewable energy in 2030 and reaching net zero carbon emissions by 2040. E Ink has been recognized for its efforts by receiving validation from Science-Based Targets (SBTi) and is listed in both the DJSI World and DJSI Emerging Indexes. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information, please visit www.eink.com. E Ink. We Make Surfaces Smart and Green.

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SOURCE E Ink Corporation

Technology

Hewlett Foundation Announces New $100 Million Emerging Technology and Security Initiative

Published

58 seconds ago

July 21, 2026

MENLO PARK, Calif., July 21, 2026 /PRNewswire/ — The William and Flora Hewlett Foundation announced a five-year, $100 million grantmaking initiative intended to help foster innovation while supporting the safe development of emerging technologies. Unveiled at the Aspen Security Forum, the Emerging Technology and Security Initiative addresses critical challenges in artificial intelligence, biotechnology, and quantum computing to help keep people safe in the US and around the world.

The initiative builds on $10 million in exploratory grants announced in February to institutions including Stanford’s Hoover Institution and Vanderbilt University’s Institute of National Security, with another $10 million planned through 2026.

“Rapidly emerging technologies like AI hold extraordinary promise while posing novel security challenges,” said Hewlett Foundation President Amber D. Miller. “We view embracing progress and tackling safety risks as natural complements, not competing approaches.”

The public increasingly worries that neither industry nor government can adequately balance innovation with cybersecurity. Independent institutions can bridge this gap, ensuring transformative technologies strengthen democratic societies while safeguarding against vulnerabilities and misuse.

The initiative supports civil society organizations, universities, think tanks, and independent institutions through three focused areas:

Protect Critical Infrastructure — Strengthen defense of essential systems including power grids, water infrastructure, hospitals, and the information ecosystem against AI-enabled threats domestically and globally.

Address Emerging Technology Vulnerabilities — Reduce security risks posed by AI and other fast-moving technologies, particularly biotechnology and quantum computing, while safeguards remain feasible.

Support Global Governance — Help U.S. states, allied governments, and capable actors worldwide develop responsible rules, norms, and frameworks for governing emerging technologies while advancing American leadership.

This initiative continues the Hewlett Foundation’s 60-year commitment to technology and security, including its decade-long Cyber Initiative that established cyber policy as a field. The foundation emphasizes empirically grounded, practical solutions addressing near-term security challenges.

“Too much of the AI and emerging technology debate misses questions ordinary people care about most — their safety and how these technologies impact their families,” said Eli Sugarman, director of Special Projects leading the initiative. “This is about evidence-based problem-solving, funding creative experts on critical cybersecurity challenges, and convening diverse stakeholders across government, industry, and civil society.”

The foundation believes success requires broad coalition partnerships, including constructive engagement with technology companies on shared safety and security priorities while maintaining civil society’s independence.

Learn more: hewlett.org/emerging-tech-and-security

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SOURCE Hewlett Foundation

Technology

Gastops Delivers 20,000th MetalSCAN® Sensor to the Aerospace Market

Published

1 minute ago

July 21, 2026

OTTAWA, ON, July 21, 2026 /PRNewswire/ – Gastops, a Canadian leader in intelligent condition monitoring and predictive maintenance solutions, announced the delivery of its 20,000th MetalSCAN® oil debris monitoring sensor to the aerospace market at the Farnborough International Airshow today.

This milestone marks nearly three decades of innovation and collaboration with leading aerospace manufacturers. Gastops began developing MetalSCAN® technology in the early 1990s for integration into the Pratt & Whitney F119 engine powering the F-22 Raptor. Following the delivery of the first production unit in 1997, the technology has become a trusted condition monitoring solution across some of the world’s most advanced aerospace platforms. Pratt & Whitney is an RTX business.

The 20,000th aerospace MetalSCAN® sensor was delivered in June 2026 for Pratt & Whitney’s F135 engine program, which powers all variants of the F-35 Lightning II.

Over the past 35 years, MetalSCAN® has been selected for numerous military and commercial aerospace programs and is now an integral bill-of-material component on several leading propulsion platforms, including:

Pratt & Whitney F119 engine for the F-22 RaptorPratt & Whitney F135 engine and Lift Fan system for the F-35 Lightning IIEurojet EJ200 engine for the Eurofighter TyphoonPratt & Whitney GTF™ engine family

MetalSCAN® technology enables operators to detect and monitor metallic wear debris in lubricated systems, providing critical insight into equipment health and supporting condition-based maintenance strategies. MetalSCAN® helps maintenance teams make informed decisions that improve operational readiness, reduce unnecessary inspections, and optimize lifecycle costs.

For Gastops, supporting these world-class aerospace programs represents a significant achievement for a Canadian small-to-medium enterprise.

“For more than 35 years, our research and innovation, and collaboration with our partners have advanced our condition monitoring technologies that improve the safety, performance, and availability of critical aerospace assets,” said Daniel Obedi, Vice President, Aerospace Platforms at Gastops. “While MetalSCAN remains a core solution in our portfolio, we have also advanced complementary technologies such as ChipCHECK®, expanding the capabilities available to both commercial and defence operators worldwide.”

While MetalSCAN® is widely recognized for its aerospace applications, the technology is also deployed across marine, energy, and industrial markets. To date, Gastops has delivered more than 50,000 MetalSCAN® sensors worldwide across all industries.

About Gastops

Gastops is the world’s leading provider of intelligent condition monitoring solutions used in Aerospace, Defence, Energy, and Industrial applications to optimize the availability, performance, and safety of critical assets. We offer peace of mind to our customers with innovative online monitoring sensors, at-line analysis, complex modeling and simulation, world-class laboratory testing, engineering, design, and MRO services that predict performance to enable proactive operating decisions. We have been providing powerful insights into the condition of critical equipment since 1979. Gastops is the intelligence inside what moves you.

Media Contact:
Justin St-Denis
media@gastops.com
+1 (613) 744-3530

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