According to CoinMeta, the potential acquisition of Workday by Silver Lake could boost the valuations of software companies that have faced setbacks by demonstrating private equity's confidence in the industry's prospects. On Thursday, the stock price of Workday rose nearly 18% following an exclusive report on acquisition negotiations by Reuters, pushing its market value past $51 billion. Analyst Brian Mulberry stated that if Silver Lake ultimately privatizes Workday at a high premium, it would be strong evidence that the public market has underestimated traditional enterprise software due to AI. The recent strong performance of companies such as ServiceNow has also highlighted the resilience of software firms in key functions.