Cezanne Software’s US partner, Sapien, Signs Skype in Divestiture from eBay
Sapien to Provide HRMS, Full Human Resources Augmentation and Benefits Administration in U.S.
Morristown, NJ – October 6, 2009 – Sapien LLC, the on-demand HR services company that combines transactional and strategic HR in one global solution, today announced that it has been selected by investment firm Silver Lake following its purchase of a 65 percent interest in Skype Technologies S.A. from eBay (NASDAQ: EBAY). Skype Technologies is the manufacturer and developer of Skype software, used by millions to make free video and voice calls, send instant messages and share files with other Skype users. Sapien will provide full HRMS, full Human Resources Augmentation™ (HRA) and handle all Benefits Administration, initially in the U.S.
According to Ryan Tweedie, Managing Partner and co-founder of Sapien, the new business builds on existing relationships and past successes demonstrated by Sapien. “Not only are we excited to be able to add a company with the innovative, next-generation technology of Skype to the Sapien list of clients, but we are equally excited to have been selected because of our proven ability to deliver what we promise and to do so on a timetable that few, if any other companies could match.” He added, “We have already committed to have the system operational by the time the transaction closes, handing the full migration from SAP and ensuring that all Skype employees are fully covered on Day One.”
James Boyko, Senior VP of Sales for Sapien commented, “I’d like to think that Skype and its new investors were even more focused than most companies might be on the technological capabilities of its HR Solutions provider. To that end, the fact that Sapien was selected truly reinforces everything we have been saying about our product, our capabilities and the innovativeness of our solutions.”
The transaction is expected to close in mid-fourth quarter, 2009.
About Sapien LLC
Founded in 2005, Sapien LLC is one of the most progressive and innovative providers of on-demand HRMS and HCM software solutions, and of Human Resources Augmentation™ (HRA) services. Built on the SaaS platform, Sapien operates on an isolated individual schema model and specializes in serving the needs of mid-market multinationals. Combining comprehensive HR management and planning functionality with the latest Internet and workflow technologies to help transform the way companies manage their HR functions, Sapien services a worldwide client base from its headquarters in Morristown, NJ. Emerging as the leader in the global evolution of HR solutions, Sapien can be reached atwww.sapiensoftware.comor at 866-E-SAPIEN.
About Silver Lake
Silver Lake is the leading investment firm focused on large scale investments in technology, technology-enabled, and related growth industries. Silver Lake's mission is to function as a value-added partner to the management teams of the world's leading technology franchises. Its portfolio includes or has included technology industry leaders such as Ameritrade, Avago, Business Objects, Gartner, Instinet, Intelsat, NASDAQ, Sabre/Travelocity, Seagate Technology, SunGard Data Systems and UGS. For more information, please visitwww.silverlake.com.
About Skype Technologies
Skype is software that enables the world’s conversations. Millions of individuals and businesses use Skype to make free video and voice calls, send instant messages and share files with other Skype users. Everyday, people everywhere also use Skype to make low-cost calls to landlines and mobiles.
About eBay
Founded in 1995, eBay Inc. (NASDAQ: EBAY) connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay is headquartered in San Jose, California. For more information, please visit
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News Source : Cezanne Software’s US partner, Sapien, Signs Skype in Divestiture from eBay
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