MILAN, November 10, 2010 /PRNewswire/ -- ADP (R), a
leading provider of HR, payroll and benefits administration
services, today announced that it has completed its acquisition of
Byte Software House, a premier provider of integrated payroll,
personnel administration, time management and human resources
products and services.
Based in Italy, with
approximately 620 employees, Byte Software House provides products
and services to more than 600 companies including many of the top
100 Italian companies. Byte Software's products and services are
considered leading solutions in the Italian marketplace and have
consistently helped organizations to increase the efficiency of
their HR department.
"The addition of Byte's solutions, its strong reputation, and
its talented team will reinforce ADP's position in Italy and enable us to deliver best-in-class
products and services to large and mid-sized organizations" said
Anish Rajparia, President ADP
Employer Services International. "The strategic and cultural fit
between Byte and ADP is compelling. The combination of our
respective strengths will create greater value for our existing and
future clients and make us one of the HR and payroll partners of
choice for Italian and multi-national companies."
Roberto Gamerro, CEO of Byte,
commented, "Joining ADP, a global leader in payroll and HR
services, represents a tremendous opportunity for Byte's employees
and clients. We will experience new growth potential and be better
positioned to serve our clients locally and in the international
marketplace."
At the close of this acquisition, more than two million
employees per month will be managed by ADP's solutions in
Italy. Going forward, ADP will
offer a complete range of solutions, from in-house services to
outsourcing payroll, personnel administration and complete HR
processes.
ADP Italy provides a full range
of outsourcing services for payroll, personnel administration and
HR processes to mid- and large-sized companies. Today, over 500
companies take advantage of the service offered by ADP Italy. ADP
has offices in Milan, Turin and Rome and has 335 local employees.
About ADP
Automatic Data Processing, Inc. (NASDAQ: ADP), with nearly
$9 billion in revenues and about
550,000 clients, is one of the world's largest providers of
business outsourcing solutions. Leveraging over 60 years of
experience, ADP offers a wide range of HR, payroll, tax and
benefits administration solutions from a single source. ADP's
easy-to-use solutions for employers provide superior value to
companies of all types and sizes. ADP is also a leading provider of
integrated computing solutions to auto, truck, motorcycle, marine
and recreational vehicle dealers throughout the world.
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