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Paylocity Announces Acquisition Of Cloudsnap

PUBLIC · PCTYJan 19, 2022

Acquiring Company

Paylocity

Acquired Company

Cloudsnap

SchaumburgInformation TechnologySoftwareSaaSEnterprise SoftwareHuman ResourcesInformation TechnologySoftwareData And Analytics

Description

Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announces the acquisition of Cloudsnap Inc., a flexible, low-code solution for integrating disparate business applications.

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Company Information

Company

Paylocity

Location

Schaumburg, Illinois, United States

About

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle today's challenges while moving them toward the promise of tomorrow. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help people achieve their best through automation, data-driven insights, and engagement. For more information, visit www.paylocity.com.

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Frequently asked

Who acquired Cloudsnap?

Cloudsnap was acquired by Paylocity, based in Schaumburg. The deal was reported on January 19, 2022. Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL. Paylocity is publicly traded (PCTY) and operates in Information Technology.

When did Paylocity acquire Cloudsnap?

Paylocity's acquisition of Cloudsnap was reported on January 19, 2022. Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announces the acquisition of Cloudsnap Inc., a flexible, low-code solution for integrating disparate business applications. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cloudsnap do?

Cloudsnap enables companies to seamlessly integrate disparate business applications. Cloudsnap removes the burden of manual process, allowing companies to automate data flows across business applications, such as ERPs, CRMs, and HCMs. It is privately held, operating in Information Technology.

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