SAP to acquire SmartRecruiters in major HR tech consolidation
SAP, Europe’s largest software company, announced it will acquire San Francisco-based HR platform SmartRecruiters, known for its talent acquisition solutions used by global companies. Financial terms were not disclosed, but the acquisition underscores SAP’s strategy to strengthen its cloud-based HR suite. SmartRecruiters’ platform spans recruitment marketing, CRM, and applicant tracking, aligning well with SAP’s SuccessFactors offerings. The deal is expected to close this quarter, pending regulatory approvals.
This move consolidates SAP’s position in the competitive HR tech market and signals continued investment in AI-driven talent solutions.
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