So much for the Adaptive insights initial public offering. Workday is acquired the cloud-based budgeting and planning software company. Workday this week said it will pay $1.55 billion for Palo Alto, Calif.-based Adaptive, including $150 million in unvested equity issued to the target company’s employees.

The long-awaited (too long-awaited) Bob Scott's Top 100 VAR for 2018 will be published next week. Tune in here for the winners and thoughts on the industry. How many VARs will be purchased before then? Just kidding.

Rootstock Software has hired Per Norling as general manager, international. Norling will oversee the company’s operations in EMEA and APAC and along sales, customer success and support, and recruiting channel implementation partners.