iCIMS announced that it is acquiring Dublin-based data science start-up Opening.io, which has created an AI solution for recruitment.
Opening.io, which was featured in our Start-up of the Week series in 2017, uses deep learning and natural language understanding to support HR tech vendors, enterprises and staffing agencies in their work. The platform has been used by companies such as Microsoft, CPL and iCIMS.
Cloud recruiting platform provider iCIMS has now revealed plans to launch an AI solution of its own, called iCIMS Talent Logic, which can deliver “speed and precision” for building diverse workforces at scale.
It said that the new platform will be powered by Opening.io and iCIMS’ capabilities to help customers hire in a new way and “stay a step ahead” in a rapidly changing workforce environment.
Terms of the deal were not disclosed.