SAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Customers Attract and Retain Top Talent
1. SAP agrees to acquire SmartRecruiters, enhancing HCM capabilities. 2. Acquisition aims to improve recruiting processes with AI-driven insights. 3. Transaction expected to close in Q4 2025, pending approvals. 4. SmartRecruiters has over 4,000 global customers, boosting SAP's talent outreach. 5. Users can manage entire candidate lifecycle within one integrated system.