Acquisition adds workforce management solutions to professional services portfolio.
Deltek, a global provider of software and solutions for project-based businesses, has announced that it has completed its acquisition of Replicon – a global provider of unified time tracking solutions that bring together Project Delivery, Finance and HR on a single platform, purpose-built for project and service-centric organizations. Replicon, now a part of the Deltek solution portfolio, complements Deltek's enterprise software and information solutions that help organizations power project success.
Replicon offers a differentiated, project-centric suite of Time Management, HR Attendance and PSA offerings, without requiring a finance system transition. This acquisition supports Deltek's product and customer expansion into additional project-based industries and accelerates Deltek's market position within global IT Services and Consulting, as well as other Professional Service organizations in the enterprise and midmarket.