Latest news with #SmartRecruiters'
Hamilton Spectator
01-08-2025
- Business
- Hamilton Spectator
SAP to Acquire SmartRecruiters: Integration of Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
SAN FRANCISCO and WALLDORF, Germany, Aug. 01, 2025 (GLOBE NEWSWIRE) — SAP (NYSE: SAP) and SmartRecruiters today announced that SAP has entered into an agreement to acquire SmartRecruiters, a leading talent acquisition (TA) software provider. SmartRecruiters' deep expertise in high-volume recruiting, recruitment automation, and AI-enabled candidate experience and engagement are considered an ideal addition to the SAP SuccessFactors human capital management (HCM) suite. The planned acquisition will strengthen SAP's all-in-one HCM suite, so customers have the tools they need to attract and retain top talent in an increasingly competitive landscape. SmartRecruiters' powerful, user-friendly interfaces and seamless workflows will complement SAP's robust HR tools – improving decision-making, reducing time-to-hire and providing a better experience for candidates. Embedded analytics and AI-driven recommendations from both companies will provide rich insights into talent pools, hiring bottlenecks and workforce planning. 'Hiring the right people is not just an HR priority – it's a business priority. With this planned acquisition, we will help our customers attract and hire the best talent so they can advance their talent acquisition agendas with speed and agility, while lowering their total cost of ownership,' said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product & Engineering. 'Customers will be able to manage the entire candidate lifecycle — from sourcing and interviewing to onboarding and beyond — all in a single system to streamline the experience for recruiters, hiring managers, and, in particular, candidates.' Customers can expect enhanced and AI-enabled recruiting and hiring capabilities, making applicant tracking and candidate screening more efficient. Data-driven hiring and recruitment analytics will flow directly into SAP's existing HCM tools, providing a single system of record and harmonized data for compliant, seamless operations. The SmartRecruiters portfolio will also continue to be available standalone for the foreseeable future. SmartRecruiters CEO, Rebecca Carr said, 'SmartRecruiter's mission has always been to make hiring easy. Joining forces with SAP presents a tremendous opportunity for enterprises worldwide to benefit from our industry leading approach to talent acquisition. I couldn't be more excited for the opportunity this planned acquisition presents for our customers, partners and employees as we build the future of hiring together.' Founded in 2010 by Jerome Ternynck, SmartRecruiters Software-as-a-Service solutions and platform enable more than 4,000 organizations globally to efficiently manage their hiring workflows end-to-end, offering a compelling experience to recruiters, hiring managers and candidates. The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including regulatory approvals. Terms of the transaction were not disclosed. Insight Partners, W Capital Partners, Rembrandt Venture Partners, and Silver Lake Waterman are investors in SmartRecruiters. J.P. Morgan acted as exclusive financial advisor to SmartRecruiters and Gunderson Dettmer acted as legal counsel. About SmartRecruiters SmartRecruiters is the Recruiting AI Company that transforms hiring for the world's leading enterprises. Built for global scale, SmartRecruiters delivers an AI-powered hiring platform that automates and optimizes the entire talent acquisition process, ensuring faster and smarter hiring decisions. More than 140 million candidates, and 4,000 organizations, including Amazon, Visa, and McDonald's, rely on SmartRecruiters to build winning teams. For more information, visit . About SAP As a global leader in enterprise applications and business AI, SAP (NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit . Contact Information: smartrecruiters@
Toronto Star
01-08-2025
- Business
- Toronto Star
SAP to Acquire SmartRecruiters: Integration of Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
SAN FRANCISCO and WALLDORF, Germany, Aug. 01, 2025 (GLOBE NEWSWIRE) — SAP (NYSE: SAP) and SmartRecruiters today announced that SAP has entered into an agreement to acquire SmartRecruiters, a leading talent acquisition (TA) software provider. SmartRecruiters' deep expertise in high-volume recruiting, recruitment automation, and AI-enabled candidate experience and engagement are considered an ideal addition to the SAP SuccessFactors human capital management (HCM) suite. The planned acquisition will strengthen SAP's all-in-one HCM suite, so customers have the tools they need to attract and retain top talent in an increasingly competitive landscape. SmartRecruiters' powerful, user-friendly interfaces and seamless workflows will complement SAP's robust HR tools – improving decision-making, reducing time-to-hire and providing a better experience for candidates. Embedded analytics and AI-driven recommendations from both companies will provide rich insights into talent pools, hiring bottlenecks and workforce planning.
Yahoo
28-04-2025
- Business
- Yahoo
SmartRecruiters Named a Leader in the IDC MarketScape™: Worldwide Talent Acquisition 2025 Vendor Assessment
SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) -- SmartRecruiters, The Recruiting AI Company, today announced that it has been named a Leader in the IDC MarketScape™: Worldwide Talent Acquisition 2025 Vendor Assessment (doc # US53236625, March 2025). This marks the second time SmartRecruiters has received this recognition, following momentum from its placement in the 2025 Gartner® Magic Quadrant™ for Talent Acquisition Suites and its CyberVadis Gold Certification. Strengths Outlined in the Report 'Clients note that the solution is highly intuitive, requiring little effort to reach full adoption post-deployment.' 'Clients find that SmartRecruiters' AI insights help generate a backbone of analyses in hiring cycles that reinforces against process-flow loss when talent-team members change, and that AI-powered screening and nudges keep candidate flows on track while reducing time-to-hire.' 'In our view, being recognized as a Leader in the 2025 IDC MarketScape™ for the second time in Talent Acquisition underscores our commitment to AI-powered innovation in hiring,' said Rebecca Carr, CEO of SmartRecruiters. 'We believe this acknowledgment reflects our strategic focus on delivering an enterprise-ready, AI-native platform that continues to evolve with the needs of modern talent acquisition teams. Ultimately, our goal is to help organizations hire faster, smarter, and with greater confidence in today's competitive market.''SmartRecruiters' infusion of AI assistance across its end-to-end, modular platform differentiates it as a strong and capable partner for companies seeking purpose-build AI use cases in talent acquisition,' said Zachary Chertok, Sr. Research Manager for Employee Experience at IDC. 'SmartRecruiters commoditizes AI assistance in talent acquisition and delivers use cases that make it easier to measure and manage the value of augmented recruiter outcomes for performance and productivity, and for managing personalized candidate experiences.' SmartRecruiters leads the way in strategic thinking and execution, a critical differentiator in today's AI-driven talent acquisition landscape, where traditional capability frameworks are continuously challenged and reimagined. 'In our opinion, each time IDC names us a Leader, it's validation that we're succeeding in creating a truly modern recruiting solution,' added Shiran Yaroslavsky, SVP of Product at SmartRecruiters. 'We believe our AI-focused capabilities help HR teams move beyond traditional frameworks, achieving faster time-to-hire and more effective candidate experiences.' About SmartRecruiters SmartRecruiters is the AI Recruiting Company that transforms hiring for the world's leading enterprises. Built for global scale, SmartRecruiters delivers an AI-powered hiring platform that automates and optimizes the entire talent acquisition process, ensuring faster and smarter hiring decisions. More than 4,000 companies, including Amazon, Visa, and McDonald's, rely on SmartRecruiters to build winning teams. For more information, visit About IDC Marketscape™IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective Contactpress@ A photo accompanying this announcement is available at
