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Money + Investments

M&A: iCIMS Acquires Opening.io

RNN Staff

May 18, 2020

Money + Investments

M&A: iCIMS Acquires Opening.io

RNN Staff

May 18, 2020

Holmdel, New Jersey Recruitment platform iCIMS, fresh off the heels of a layoff, has announced the acquisition of Opening.io, a Dublin, Ireland based matching engine. Opening.io uses Microsoft AI to power machine learning and translation do deliver what they consider deep learning applied to matching job seekers to accurate job recommendations. iCIMS also announced a new AI-driven product, TalentLogic: "a new AI solution that delivers speed and precision for building transformative, diverse workforces at scale. Powered by Opening.io and iCIMS’ patent-pending capabilities, iCIMS Talent Logic brings customers entirely new AI that helps reshape the future of hiring."

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Making moves: acquisitions continue in the TA tech space.
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