Halogen Software Explained

Halogen Software
Key People:Les Rechan

Michael Slaunwhite
Products:HR Management Software
Type:Subsidiary
Location Country:Ottawa, Ontario, Canada
Num Employees:475+
Parent:Saba Software Inc.

Halogen Software was a Canadian company that provided cloud-based talent management solutions[1] [2] to customers with between 100 and 10,000 employees.[3] The firm was founded in 1996 and was headquartered in Ottawa, Ontario, Canada.[4] [5]

History

The firm was formerly known as Manta Corporation and in June 2001,[6] changed its name to Halogen Software Inc. Halogen Software has been backed by JMI Equity since 2008.[7] [8]

Les Rechan became Halogen Software’s new President and CEO in 2015 after serving as interim CEO and on Halogen’s board of directors from May 2015.[9] [10]

Halogen opened an office in the United Kingdom in September 2011 and created its first Australian office in 2012. Between 2013 and 2015, it opened new offices in San Jose, North Carolina, Amsterdam and Dubai.[11] [12]

In May 2013, Halogen Software debuted in the Toronto Stock Exchange under the ticker symbol HGN.[13] The company stock jumped to 17 percent on its first day.[14] [15] In September 2013, Halogen Software launched two software modules to implement one-on-one sessions between managers and employees in the workforce and improve employee communication by incorporating the Myers–Briggs Type Indicator.[16]

In May 2017, Halogen Software was acquired by Saba Software for $293 million.[17]

See also

Notes and References

  1. Web site: Talent Crunch Threatens U.S. Recovery. Software To Rescue. Forbes. 2016-02-02. James Marshall. Crotty.
  2. Web site: HR Tech Briefing - Halogen - Shining a light on value. ZDNet. 2016-02-02.
  3. Web site: Halogen prepares IPO plans - Technology - Ottawa Business Journal. www.obj.ca. 2016-02-02.
  4. Web site: Who's doing deals in Ottawa? - Technology - Ottawa Business Journal . 2016-02-02 . www.obj.ca.
  5. Web site: Rob Ashe joins Halogen board - Technology - Ottawa Business Journal . 2016-02-02 . www.obj.ca.
  6. Web site: HGN.TO Profile HALOGEN SOFTWARE INC Stock - Yahoo! Canada Finance. ca.finance.yahoo.com. 2016-02-02.
  7. Web site: JMI Equity raises $1 billion in new fund. The San Diego Union-Tribune. 28 August 2014. 2016-02-02.
  8. Web site: Harry S. Gruner: Executive Profile & Biography - Businessweek. Businessweek.com. 2016-02-02.
  9. Web site: Loucks resigns as Halogen CEO - Technology - Ottawa Business Journal. www.obj.ca. 2016-02-02.
  10. Web site: People on the move/Hats off - For the Record - Ottawa Business Journal . 2016-02-02 . www.obj.ca.
  11. Web site: Talent Management Provider Halogen Software Expands Into the UK. Recruiter. 2016-02-02. en-US. www.recruiter.com.
  12. Web site: Halogen Software CEO Paul Loucks Talks to Cantech Letter. Cantech Letter. 12 June 2015. 2016-02-02. en-US.
  13. Web site: List of Public Companies Worldwide, Letter - Businessweek - Businessweek. Businessweek.com. 2016-02-02.
  14. News: Halogen Software Soars 15% in IPO Trading Debut: Toronto Mover. Bloomberg. 2016-02-02. Eric. Lam. 17 May 2013 .
  15. Web site: Halogen Software soars in TSX debut. Financial Post. 2016-02-02.
  16. Web site: Stockwatch. www.stockwatch.com. 2016-02-02.
  17. Web site: Updated: Ottawa-based Halogen Software acquired by California's Saba for $293M Ottawa Business Journal. obj.ca. en. 2018-01-29.