TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech
TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the completion of the sale of its wholly owned subsidiary, TriNet Clarus R+D to Arvo Tech, creator of the tax strategy solution for small businesses. Effective today, TriNet Clarus R+D's expert tax team, service model, and proprietary software for evaluating and preparing R&D tax credits for SMB customers are now a part of Arvo Tech. Terms of the deal we