Search results for “acquisition”
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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Vivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform
Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing
HR TechnologyBirth of the First AI Engineer: How Devin is Redefining the Software Industry
In the cutting-edge realm of artificial intelligence and software development, a revolutionary milestone has been reached with the introduction of Devin, the world's first fully autonomous AI software engineer. Created by the innovative min
Product NewsiCIMS Launches New GenAI-Powered Recruiting Assistant, Advancing its Longstanding Artificial Intelligence Program
iCIMS has launched a new generative AI-powered recruiting assistant, iCIMS Copilot, enhancing its Talent Cloud with next-generation job site integrations and other improvements. This release aims to provide talent acquisition teams with bet
Venture CapitalFijoya Raises 8.3M Seed Funding to Pioneer AI-Powered Platform for Employer-Sponsored Healthcare
Fijoya, an innovator in employer-sponsored healthcare, announced an $8.3M seed funding round led by Team8. This funding aims to expand Fijoya's platform, integrating AI to personalize health benefits, thereby simplifying employer and employ
Venture CapitalDeel Is Acquiring Payroll Company PaySpace
Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along
Venture CapitalFirst Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Venture CapitalCoverdash – Leading Embedded Business Insurance Agency for Startups and SMBs – Announces $13.5M in Series A Funding
Coverdash, a leading embedded insurtech for startups and SMBs, announced a $13.5M Series A funding, raising total capital to $16M. The funding, led by Nyca Partners, will enhance its embedded partner network and insurance offerings. Coverda
Venture CapitalDeel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De
Venture CapitalWorkday Announces Intent to Acquire HiredScore
Workday, Inc. has announced the acquisition of HiredScore, a leading provider of AI-powered talent orchestration solutions. This acquisition aims to merge Workday's Talent Management and Skills Cloud with HiredScore's solutions to offer a c
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Company NewsBeekeeper Sees Continued Momentum in Frontline Industries, Helping more than 1,300 Organizations Solve the Frontline Disconnect with Digital Solutions
Beekeeper , a leading provider of digital solutions for deskless workers, continues to make significant strides in connecting frontline workers across various industries including hospitality, healthcare, construction, and manufacturing. Wi
EarningsFiverr Announces Fourth Quarter and Full Year 2023 Results
Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c
Venture CapitalPodium Education Acquires Untapped, The Early Career Talent Platform For Top Companies, To Close The College-to-Career Gap
Podium Education, a leading experiential education company, has acquired Untapped, a comprehensive early career talent platform, marking a significant expansion in their mission to bridge the gap between academic learning and real-world pro
Venture CapitalArcher Acquires Compliance.ai to Drive AI-Powered Regulatory Compliance and Risk Management
Archer , a leader in integrated risk management solutions, announced the acquisition of Compliance.ai , which specializes in AI-driven regulatory change management. This strategic move will enhance Archer's offerings, allowing clients to ut
Venture CapitalAtlas: The Argentine Startup Revolutionizing Global Contractor Benefits with $2.75 Million in Seed Extension Funding
Karen Serfaty, Gianina Rossi, and Josefina Van Thienen, engineers from Argentina, identified a common issue for contractors working for U.S.-based companies—managing taxes and receiving payments in non-local currency. To address these chall
Venture CapitalHireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
Company NewsTriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO
TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful
Company NewsJob Mobz Announces Hiring Matt Charney as New Editor-in-Chief
Job Mobz, a prominent global recruitment firm, has recently announced the appointment of Matt Charney as Editor-in-Chief following its acquisition of Recruiter.com. This strategic move aims to reinvest in and reposition Recruiter.com as an
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
Venture CapitalHiBob Acquires UK Payroll Automation Platform Pento
HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integratin
Product NewsSmartRecruiters Unveils Next-Gen SmartRecruiters Marketplace
SmartRecruiters announces the launch of its updated Marketplace, a cutting-edge hub designed to empower companies in creating their ideal recruitment ecosystem. With over 600 technology and 60 service partners, it stands as the most compreh
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
Company NewsUKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
Product NewshireEZ Launches CRM Platform to Empower TA Leaders and Recruiters
hireEZ has announced the launch of hireEZ 2 , marking a significant evolution from its original AI candidate sourcing solution to a comprehensive Candidate Relationship Management (CRM) platform. Designed by recruiters for recruiters, hireE
Company NewsFiverr’s Winter Product Release: Packed With New Features to Keep Businesses and Freelancers Ahead of The Game and Introducing Fiverr Agencies
Fiverr's Winter Product Release in 2024 marks a significant step in its evolution, introducing pivotal upgrades influenced by 14 years of community feedback. Key highlights include a Consulting Category for expert guidance, Fiverr Agencies
Venture CapitalQuantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities
Quantum5 , an automotive division of Ander, announced the acquisition of Trivie, a workforce engagement platform employing AI to enhance learning experiences. This move strengthens Quantum5's mission to revolutionize learning in the automot
Company NewsSmartRecruiters Unveils Suite of Product Updates to Bolster Recruiting Experience
SmartRecruiters, a comprehensive hiring platform, announced its Q4 Release, bringing substantial enhancements to transform the talent acquisition landscape. Led by Rebecca Carr, the Chief Product Officer, the update focuses on agile collabo
Product NewsDiscover 2024's Latest: DHRmap's January Market Map Unveiled
HR professionals often feel overwhelmed by the plethora of products at numerous HR tech expositions, many with overlapping functions or similar concepts. Observing the global HRTech market , it's clear that mergers and acquisitions are ongo
EarningsServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results
ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3
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