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By elevating and automating the entire recruitment process, organizations are able to free up valuable recruiter time to focus on high-priority actions to attract and hire top talent.Īs part of the transaction, Infinite will work closely with IBM to transition identified employees. Organizations using Talent Acquisition Suite products are able to engage candidates, empower recruiters, and improve results by increasing the quality of candidates, reducing the number of interviews and time-to-hire, as well as onboarding them faster. Conference Board predicts that the economy is likely to add 5-6 million jobs this year 1 and the unemployment rate will drop well below 5 percent by the end of 2021 2. Recent forecasts point to a jobs boom by the end of 2021, especially in industries like healthcare, supply chain, technology, retail, restaurants, telecom, and marketing, due to more businesses reopening, fiscal stimulus, and pent-up demand. “With hiring set to scale up post-COVID, we saw an opportunity to provide our global client base a proven SaaS-based platform to attract and recruit candidates as well as onboard employees.” “This strategic acquisition expands our portfolio of platforms and services with a market-leading product that accommodates the most complex recruitment and onboarding requirements,” said Sanjay Govil, founder and chairman of Infinite Computer Solutions. In the past 12 months, the product was used to manage more than 60 million candidate submissions with almost 50 million recruiter logins and over 4 million active users. BrassRing supports more than 20 languages and provides candidate lifecycle management and employee onboarding for more than 240 customers, many of whom appear on the Fortune 500. Infinite is acquiring IBM Lead Manager, BrassRing, and Onboard. Terms of the transaction, which is expected to close later this year were not disclosed. ROCKVILLE, Md., Ap– Infinite Computer Solutions, a leading global technology company, announced today that it has signed a purchase agreement to acquire IBM’s (NYSE: IBM) Talent Acquisition Suite. Infinite Computer Solutions to Acquire IBM Talent Acquisition Suite SaaS Products Including BrassRing™ on Cloud Infinite Computer Solutions to Acquire IBM Talent Acquisition Suite SaaS Products Including BrassRing™ on CloudĮnhances Global Talent Management Capabilities to Help Companies Accelerate Recruiting and Onboarding Employees
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