Jobvite, a leading talent acquisition software provider acquires AI and data science team to accelerate recruiting
A leading provider of talent acquisition software, Jobvite, announced that it has acquired the Predictive Partner’s artificial intelligence (AI) and data science team.
The acquisition accelerates efforts to incorporate AI into all aspects of Jobvite software. The deal closed on June 30; terms were not disclosed.
The legal entity of Predictive Partner will retain the Predictive Partner name and domain, but its data science team of five will join Jobvite. Predictive Partner is headquartered in Carmel, Indiana.
Chief Executive Officer of Predictive Partner, Morgan Llewellyn, will serve as a chief data scientist at Jobvite and oversee a team leveraging AI through automation, machine learning, predictive analytics, data science, natural language processing and optical character recognition.
Corresponding with the acquisition, Jobvite also launched enhanced candidate engagement scoring and intelligent candidate matching capabilities. Enhanced candidate engagement scoring will empower talent acquisition teams to better gauge the interest of a candidate through at-a-glance engagement metrics for every candidate, as per Jobvite. Intelligent candidate matching will decrease the time it takes recruiters to recognize a qualified candidate from a large volume of applicants.
K1 Investment Management made a majority, $200 million-plus investment in Jobvite, in the previous year. An undisclosed portion of the investment was utilized by Jobvite to acquire three companies, recruitment marketing company Talemetry; online employee referrals platform RolePoint; and text-based conversational recruiting company Canvas.
For more HRTech news, Log on to www.hrtechcube.com
ABOUT THE AUTHOR
Chandrima Samanta
Content-Editor at HrTech Cube
Chandrima is a Content management executive with a flair for creating high quality content irrespective of genre. She believes in crafting stories irrespective of genre and bringing them to a creative form. Prior to working for MartechCube she was a Business Analyst with Capgemini.