July 13, 2014 2:06 AM ET

Software

Company Overview of Globoforce Group plc

Company Overview

Globoforce Group plc, through its subsidiaries, provides cloud-based, social recognition software solutions in the United States, the United Kingdom, Germany, and internationally. The company’s Software-as-a-Service platform enables employee-to-employee recognition that is broadcast socially and made visible in the organization. Its social recognition solution provides functional, technical, and operational capabilities for a full-service approach to recognition; and has Web and mobile-based user interfaces that enables employees to use across desktop and mobile computing environments. The company’s solution helps organizations in elevating employee engagement, managing company culture, and ...

21 Beckett Way

Park West Business Park

Dublin,  12

Ireland

Founded in 1997

240 Employees

Phone:

353 1 625 8800

Fax:

353 1 625 8880

Key Executives for Globoforce Group plc

Chief Executive Officer and Director
Age: 42
Chief Financial Officer and Principal Accounting Officer
Age: 49
Vice President of Operations
Vice President
Age: 41
Chief Technology Officer
Age: 42
Compensation as of Fiscal Year 2014.

Globoforce Group plc Key Developments

Globoforce Mulls Acquisitions

Globoforce Group plc is seeking acquisitions from the proceeds of the offering of 4.4 million shares on Nasdaq when the shares get listed next week. Globoforce stated in its filings, "We may use a portion of the net proceeds for the acquisition of businesses, products and technologies that we believe are complementary to our own."

Globoforce Seeks Acquisitions

Globoforce Limited is looking for acquisition opportunities. Globoforce has filed an IPO in the amount of $75 million and may use a portion of the net proceeds for the acquisition of businesses, products and technologies that we believe are complementary to our own, although we have no agreements or understandings with respect to any acquisition at this time.

JetBlue Airways Implements Globoforce Limited's Social Recognition Software

Globoforce Limited announced that JetBlue Airways has implemented Globoforce's social recognition software. Globoforce powers the "Lift" crewmember recognition program that allows the airline to engage and motivate employees (crewmembers) throughout the Americas and scale its unique people-first culture following rapid international growth. JetBlue sought a recognition solution that would unite its 14,500 crewmembers on a single employee recognition platform. More importantly, the brand was looking for an innovative way to encourage and recognize the behaviors that best exemplify JetBlue's five core values - safety, caring, integrity, fun, and passion - every day. The company deployed Globoforce's social recognition solution to reveal the true influence of each crewmember through crowdsourced, peer-to-peer recognition. Through its partnership with Globoforce, JetBlue has been able to: Improve employee satisfaction; Identify top influencers; Correlate culture to business results; Reach a mobile workforce; Improve the rewards experience for crewmembers.

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