Mercer has signed an agreement to acquire ORC Worldwide, to further strengthen its services as a global provider of human resource intelligence.
Mercer and ORC are both known for their employee mobility information and related administrative applications, international talent management consulting, and compensation and workforce data.
Ilya Bonic, senior partner and global leader of Mercer’s Information Product Solutions business, said: “This transaction provides the opportunity to create a best-of-the-best organisation as one of the world’s premier providers of HR information and insights for professionals in numerous industries. This knowledge base, together with our consulting expertise, will position us to be an exceptional, trusted resource for the clients of both firms.
“Together, ORC and Mercer can help [employers] anticipate and effectively address their most difficult HR issues on a global basis. But more than that, we are uniquely positioned to help companies motivate and engage employees to achieve true long-term success.”
The transaction is expected to close in the third quarter of 2010. The terms of the agreement have not been disclosed.
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