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TMT Editor's Corner
Questions? Ideas? Well, this here is the TMT blog you're reading, so leave us a comment. Oh, and you may also get in touch with me, the TMT Editor, directly by e-mailing editor@talentmanagementtech.com or by giving me a call at 603-925-1160. I'm here to help, after all -- and to make the TMT experience everything it can be for you and your firm.
Pairing of Leviathans Captures 3/5 of Talent Management Market Space
by TMT Editor
A possible sign of gathering confidence in the economy and hiring outlook, talent management technology acquisitions are heating up. Just last week, private equity firm Bedford Funding acquired PeopleClick, a well-known developer of talent acquisition and workforce compliance and diversity solutions, for $100 million. Bedford's portfolio already included Authoria, provider of the industry's first fully integrated talent management solutions. With its acquisition of PeopleClick, Bedford spent one-eighth of the $800 million in capital it has available for investments in the software and IT sector. The full press release is on TMT.