Personio acquires Spanish payroll startup Rollbox

Just three months after raising $40 million in a Series B funding, German HR and recruiting platform Personio is announcing it has acquired Rollbox, the Spanish startup that offers an API-based payroll solution. The two companies had been working together, but now Personio is bringing Rollbox’stech and team in-house.
The full terms of the deal remain undisclosed. However, I understand the acquisition consists of a combination of cash and equity. This sees a number of Rollbox’s invest