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It’s probable that Covid accelerated the acquisition market when it comes to HR and recruitment tech so I wanted to recap what happened this year when it comes to mergers and acquisitions in our industry.
I have tracked at least 40 such acquisitions this year via the HRtechfeed.com news site that we operate here at Rec Tech Media. In the first 6 months of the year there were 16 transactions but from July through december there were 24 of them. What we are seeing now are the major recruiting software companies in an arms race to become a