Bullhorn, a company specializing in cloud-based software for the staffing and recruitment industry, has acquired Textkernel, a company that develops AI-powered sourcing solutions. This acquisition is intended to enhance Bullhorn’s AI capabilities, particularly in talent parsing and matching technology.
Textkernel is based in Amsterdam and has a client base that includes over 2,000 customers across the globe. Bullhorn plans to leverage the acquisition to develop new AI solutions that will serve its customers and the broader staffing industry.
The acquisition aims to improve Bullhorn’s AI offerings, better enabling it to help organizations facing talent and job shortages. This move is part of Bullhorn’s broader strategy to enable recruitment agencies to use AI for digital transformation and operational optimization.