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Ultimate, RTIX Join Forces
The deal also includes RTIX’s North American subsidiary.
Ultimate HR Software: HR software company
Ultimate Software of Weston, Florida, has acquired RTIX Ltd., a British company
that specializes in software for employee performance reviews and training.
According to The Miami Herald, the deal also includes RTIX’s Durham, North
Carolina-based subsidiary, RTIX Americas. Ultimate said it will use the
acquisition to broaden the features of its own HR and payroll systems software.
The deal calls for RTIX’s software developers, support staff and customer
service professionals, along with its founders, to join Ultimate.
Next Article: 5. Consolidation Continues in 2007
Outsourcing, recruiting drive overseas deals.
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