SAP to Acquire SmartRecruiters: Integration of Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
1. SAP to acquire SmartRecruiters, enhancing its HCM suite offerings. 2. Acquisition focuses on recruitment automation and AI-driven candidate engagement. 3. Improved decision-making capabilities and reduced hiring times expected. 4. Transaction expected to close by Q4 2025, pending regulatory approvals. 5. SmartRecruiters continues standalone operations while integrating with SAP.