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The IPO values the company, founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, at almost $4.5 billion. Duffield and Bhusri left PeopleSoft following its acquisition by Oracle Corp in 2004 for $10.3 billion. It also makes Workday among the most richly valued of recent cloud computing IPOs, with a valuation of 22 times sales in the last twelve months.
