Lawson Software to Acquire Enwisen for $70m



Via News Release

Lawson Software (Nasdaq: LWSN) today announced it will acquire [Novato, CA] Enwisen, a leading software-as-a-service provider of human resource service delivery solutions used by many of the world’s leading companies.

After adding Enwisen, HR service delivery will become a new strategic component of the Lawson Human Capital Management (HCM) System, giving Lawson one of the broadest solution sets targeted at the HCM software market. The all-cash transaction of $70 million is subject to customary regulatory approvals and approval by Enwisen’s shareholders….Lawson expects the acquisition to close by Dec. 31, 2010.”

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