CareerBuilder has acquired the remaining stake in Textkernel that it didn’t already own. It had initially acquired a majority stake in 2015.
CareerBuilder announced the acquisition as part of their additional investment and significant developments in artificial intelligence (AI) and machine learning (ML) to deliver next-generation products and services that employers and staffing agencies need to meet their recruiting and business goals in today’s competitive hiring environment.
The Textkernel brand will remain and now operate as a CareerBuilder company. Textkernel’s semantic search has already been fully integrated into CareerBuilder’s Talent Discovery Platform.