Acquisition of Web4 Elevates Neudesic as a Key Provider of Human Capital Management Solutions
May 27, 2015
Today, Neudesic announced the acquisition of Anaheim, Calif.-based Web4, a leading provider of ECM, HR and collaboration products and solutions, including HRadvocate, which streamlines HR processes, and eReview, which allows users to simultaneously view and annotate multiple documents. HRadvocate is the only all-in-one Human Capital Management Solutions platform for the middle market.
“People are the most valuable asset a company has. To compete effectively, every company must be able to successfully hire, develop and maximize the productivity of its workforce,” said Parsa Rohani, CEO of Neudesic. “With the help of Web4’s outstanding products and seasoned team, I’m excited about what we can achieve together in delivering transformative solutions that provide all the functionality our clients need to engage and empower their people.”
For more than 12 years, Neudesic has helped companies create more engaged, informed and productive workforces with a portfolio of products and solutions. The addition of HRadvocate and eReview accelerates Neudesic’s mission to deliver a comprehensive and differentiated recruitment-to-retirement employee engagement solution to clients in the $17 billion human capital management (HCM) market.
“Neudesic is the ideal acquisition partner with a portfolio of productivity and collaboration solutions in addition to considerable delivery expertise,” said Web4’s President Koushik Dutta. “We look forward to leveraging Neudesic’s considerable resources to offer amazing SaaS solutions for the HR marketplace.”
Web4 will operate as a distinct business unit within Neudesic, continuing to deliver its existing solutions while developing new features and capabilities that improve market reach and accessibility.
Neudesic is the trusted technology partner in business innovation, delivering impactful business results to clients through leading-edge technologies, innovative solutions and strategic alliances. Headquartered in Irvine, Calif., Neudesic is a privately held company, serving clients globally from offices in the United States and India. For more information, visit www.neudesic.com.
Web4 specializes in mission critical, value-based IT services and solutions, particularly in the fields of ECM, HR and collaboration technologies. Its worldwide team of consultants and developers bring deep knowledge and experience to help companies maximize ROI. Web4’s consulting services encompass business process analysis, system design, database design, application design/implementation, testing, QA and project management.