Firms announcing acquisitions include nearshore talent marketplace Torc, which acquired Codealike, and Pearson plc, which acquired assessment provider Personnel Decisions Research Institutes.

Torc

Torc, a nearshore talent marketplace for remote software developers, acquired Codealike, a Buenos Aires, Argentina-based coding performance measurement application.

Codealike will be made available at no cost to talent in Torc’s network. It aims to enable them to visualize coding performance and draw insights to further improve their coding performance. In conjunction with the acquistion, Torc has also expanded Codealike’s data and reporting capabilities as part of a relaunch for Codealike.

“Torc aims to empower developers with data and intelligence, protect IP, increase upskilling and career opportunities, and make the remote workforce indispensable,” Torc co-founder and CEO Michael Morris said. “Understanding performance data is the best way to do that.”

Pearson plc

Pearson plc, a global publishing firm, announced it has completed the acquisition of Personnel Decisions Research Institutes, a provider of workforce assessment services based in Arlington, Virginia. The consideration for PDRI represents an enterprise value of $190 million and has been funded from Pearson's existing cash and available liquidity.

“Pearson and PDRI share a culture and commitment of serving trusted, secure and innovative assessment solutions to major employers and millions of people looking to establish and grow their careers,” said Andy Bird, chief executive of Pearson.

Founded in 1975, PDRI provides talent assessment solutions to US federal government agencies. The company will join Pearson’s Assessment and Qualifications division.