CareerBuilder buys majority stake in Textkernel

Global human capital solutions provider CareerBuilder has acquired a majority stake in recruitment software company Textkernel.
Wed, 22 Jul 2015

Global human capital solutions provider CareerBuilder has acquired a majority stake in recruitment software company Textkernel.

Amsterdam-based firm Textkernel’s technology works by providing semantic search and matching technology to automatically suggest the most relevant profiles in a client’s CV database based on a job description, while also offering multi-lingual CV parsing. It can convert any CV or social media profile into a complete and searchable database record in any system. 

CareerBuilder adds Textkernel’s HR modules are customisable, and can be integrated into CareerBuilder’s pre-hire platform, while Jobfeed, Textkernel’s big data analytics tool for jobs, will help accelerate the global expansion of CareerBuilder’s Supply & Demand portal.

The portal works out the expected difficulty of filling a position in a particular market by measuring the number of job openings for that occupation against the available talent.

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