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CEGID ENTERS IBERIA, LATAM Featured

Cegid, a Paris, France-based software vendor, has acquired Spanish payroll and HR software company Meta4. The deal moves Cegid into Latin America, Spain and Portugal.

Terms were not disclosed.  Cegid markets a wide range of business software in the areas of accounting, taxation, payroll, HR, ERP and retail. In January, it announced plans to introduce a financial software product built on the Acumatica platform, which it had been working on for more than a year.Meta4 has become part of Cegid’s Payroll and Human Resources Business Unit. Cegid is led by CEO Pascal Houillon, former CEO of Sage North America. Meta4’s product line includes core HR, talent management, compensation and workforce management.

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