Workday Reportedly Hires Bankers for IPO

Workday, the SaaS house co-founded by PeopleSoft veterans David Duffield and Aneel Bhusri, has reportedly hired Goldman Sachs and Morgan Stanley to lead its anticipated IPO according to Reuters and heard from “several sources familiar with the situation.” It’s supposed to be one of tech’s biggest IPOs this year although everything will look small after the Facebook extravaganza. Workday sells HR and financial management software to business and has raised $250 million from its VCs, including Amazon CEO Jeff Bezos’ investment arm.

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