Silver Lake is in talks to acquire Workday, according to sources cited by Reuters. This was reported by Qazaqyia.kz citing Reuters.
If the deal goes through, it would be one of the largest in the tech industry. Workday is a major company providing cloud-based software for financial and human resources management.
Silver Lake is a well-known private equity investor that has previously invested in major technology companies. The talks are at an early stage, and specific terms are undisclosed.
Reuters sources say there is no guarantee the deal will be completed. If an agreement is reached, it could significantly affect Workday's market value.
No further details have been released. An official statement on the outcome of the talks is expected.