Watson Wyatt to Acquire WisdomNet, Talent Management Software and Consulting Firm
(Media-Newswire.com) – WASHINGTON, June 13, 2007 – Watson Wyatt Worldwide, a leading global consulting firm, announced today its intention to acquire WisdomNet, a Denver-based talent management solution and consulting firm.
Founded in 2001, WisdomNet offers a proprietary line of business software products, including an end-to-end solution for managing organizations’ talent management processes. These applications will increase Watson Wyatt’s capabilities in the talent management technology area by linking and delivering compensation planning, performance management, succession planning, career development and workforce planning functionality — all within one firm. They will also complement Watson Wyatt’s current suite of compensation management, performance review and benefits administration solutions.
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