SAP (SAP) agreed to acquire SmartRecruiters, a talent acquisition software provider, to boost its all-in-one human capital management suite, the companies said Friday.
The acquisition would streamline hiring, improve candidate experience and deliver AI-powered insights into recruitment by integrating SmartRecruiters' platform with SAP's existing HR tools.
The financial terms of the deal, which is expected to close in Q4, were not disclosed.
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