Paychex completes acquisition of Paycor, joining forces to enhance HCM services. ("PAYX" acquired "PYCR").
A recent acquisition has been completed by Paychex, Inc. (Nasdaq: PAYX), combining forces with Paycor HCM, Inc. (Nasdaq: PYCR), a top HCM, payroll, and talent software provider. The move creates a powerhouse in the industry with cutting-edge AI technology and top-tier service, according to John Gibson, Paychex's president and CEO. This strategic acquisition aims to leverage the strengths of both companies for further growth and innovation in the human capital management sector.
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