Bullhorn acquires Textkernel to speed up its AI technique

At this time, Bullhorn has acquired Textkernel, an {industry} chief in Sourcing AI options. Headquartered in Amsterdam, Textkernel powers over 2,000 clients globally, together with eight of the highest 10 staffing companies worldwide and Fortune 500 firms. A longtime, trusted companion to the staffing and recruitment {industry}, Textkernel and Bullhorn share an important strategic aim: empowering recruiters to digitally remodel their enterprise for the longer term and maximize the usage of AI within the {industry}. This acquisition accelerates our AI technique and furthers our mission of powering organizations to place the world to work.

Accelerating Bullhorn’s AI technique with Textkernel’s industry-leading parsing and matching applied sciences

In as we speak’s aggressive panorama, organizations grapple with expertise and job shortages and the urgent must swiftly fill new positions with top-tier expertise. Moreover, as Artwork Papas shared in his keynote at Interact Boston 2024, clients want a S.E.A. (Particular, Huge, Actionable) of information to appreciate the complete potential of AI. That is the place the addition of Textkernel performs a pivotal position in our technique. Textkernel’s parsing expertise is second to none and can be vital to our AI technique. Their matching expertise is utilized by among the largest enterprises on the planet, each inside staffing and expertise acquisition. Textkernel’s Labor Market Insights answer boosts company enterprise growth and development methods, a vital lever within the present job brief market. The mixture of Textkernel and Bullhorn will considerably assist organizations resolve their talent-sourcing challenges and win new enterprise. The acquisition of Textkernel considerably accelerates our AI technique and unlocks the following chapter of options we are able to provide clients.  

Sourcing AI is a strategic focus for Bullhorn

The staffing {industry} has grown to over $600 billion in income globally. With development anticipated to choose up in 2024, this acquisition affords a major step ahead for us to harness AI’s full potential to profit our clients and the {industry}. As we shared with clients in Imaginative and prescient for Innovation at Interact Boston 2024, Sourcing AI is a big funding space for Bullhorn, and we’re actually excited to embark on this journey with Textkernel. We congratulate CEO Gerard Mulder, COO Guus Meijer, and all the management crew at Textkernel and welcome the Textkernel crew to the Bullhorn household. This acquisition is a major step ahead for us, and we’re dedicated to maximizing its potential to profit our clients. As we set our sights on the longer term, I’m optimistic concerning the impactful options that can stem from merging our groups and our shared dedication to advancing AI within the talent-sourcing panorama.

Please keep tuned for an upcoming webinar the place Gerard and I’ll share extra insights about how our two firms are growing industry-leading Sourcing AI options.

And when you’d prefer to be taught extra about what this acquisition means for our clients on the Salesforce platform, check out this weblog from Jeff Neumann, SVP Product Advertising at Bullhorn.