secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2025-08-21T23:59:59+00:00
Accession:  0001327811-25-000182
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday signs definitive agreement to acquire AI candidate-experience company Paradox
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- Paradox has powered over 189 million AI-assisted candidate conversations and achieves conversion rates above 70%.
- Paradox's AI reduces time-to-hire to as low as 3.5 days for high-volume frontline roles.
- Transaction expected to close in Q3 of Workday's fiscal year 2026 (by Oct 31, 2025), subject to regulatory approvals.
- Deal value not disclosed; Morgan Stanley advised Workday, Qatalyst advised Paradox.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781125000182/0001327811-25-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781125000182/wday-20250821.htm
  HTML page:      https://secwatch.observer/filing/0001327811-25-000182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer