Estimated reading time: 0 minutes, 45 seconds

Former Google HR Chief’s Startup Gets Scooped Up  

Laszlo Bock, who attained rockstar status when he served as Google’s human resources head and then left to launch his own HR technology startup, Humu, five years ago, is selling off his creation. So reports Forbes.

handshake 220233 1280The acquisition by software firm Perceptyx comes as the HR tech space sees increasing consolidation. Neither Humu nor Perceptyx provided details of the deal. “When Perceptyx approached us, we realized that by teaming up we could reach more people and organizations much more quickly,” Bock said, calling the acquisition an opportunity to “change how work feels for millions of people.”

Humu’s technology will address a demand by customers, Perceptyx CEO John Borland said. “The expectation for organizations to leverage their people data in more meaningful ways has been rising,” he said. “The need to be able to close the gap between signal and action is more important than ever.”

Read the full article from Forbes.

Read 1012 times
Rate this item
(0 votes)

Visit other PMG Sites: