MILAN, November 10, 2010 -- Strengthening its Payroll and Personnel Administration Products and Services in Italy
ADP ®, 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.
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.
Source: ADP (Automatic Data Processing, Inc.)
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