Glassdoor, the California-based company, that has collected more than 40 million employee reviews on more than 770,000 companies in 190 countries, has announced the company will be acquired by Japan-based Recruit Holdings for $1.2 billion in cash. The deal is expected to close in the summer 2018.
Launched in 2008, Glassdoor allows employees to anonymously post reviews of employers, rate their CEO, share salary information and disclose interview questions. Glassdoor reports 59 million unique users per month and has signed up 7,000 companies that pay to post jobs and use the company’s employer branding products.
Recruit Holdings, founded in 1960,