In case you missed it, Automatic Data Processing (ADP), the payrolls processing colossus this morning said it will offer a set of computing services to manage other aspects of corporate human resources, including benefits and “talent management,” an area where the hot properties at the moment are startups that have come public in recent years, including SuccessFactors (SFSF), LinkedIn (LNKD) and Taleo (TLEO).
For ADP, the offering has the prospect of letting the company gain a greater dollar share of spend from its existing customers, and also spiff up its image from stodgy to cutting edge.
ADP shares this morning are down 23 cents, or half a percent, at $46.93. Taleo stock is off 46 cents, or 1.8%, at $25.27, and SuccessFactors is down 56 cents, or 2.4%, at $22.43. LinkedIn shares are down $1.75, or 2%, at $76.33.
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