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With oil down, this stock can be ripe for picking



  Aneel Bhusri, co-founder and CEO of working day, at 2018 WEF in Davos, Switzerland.

Adam Galica | CNBC

Aneel Bhusri, co-founder and CEO of the working day, at 2018 WEF in Davos, Switzerland.

Private software-as-a-service company Adaptive Insights was ready to be public, travel around the country to promote its upcoming introductory public offer to its stakeholders.

Then Cloud Giant Workday came together, and $ 1.5 billion later, Adaptive Insights became a working subsidiary.

Adaptive Insight CEO Tom Bogan, who has called Workday Co-founder and CEO Aneel Bhusri a friend for over a decade, told CNBC on Tuesday that the workday's rapid takeover came down to two things: compatibility and trust.

"I think the key was the adaptation of cultures of the two companies," Bogan Cramer told in a joint interview with Bhusri. "Very customer-centered, very employee-centric, and with the cooperation Aneel and I had, there was much confidence that was needed to make a deal in a short period of time."

Adaptive Insights, focusing on cloud-based planning, collaboration and analysis, will add about $ 5 billion to working day market opportunities, not to mention its 4,000 customers and offers, Bhusri said to Cramer.

Click here to see and read more about the entire interview.


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