Professional Diversity Network Inc. (NASDAQ: IPDN), which provides a diversity hiring platform, struck a deal to buy a stake in RemoteMore USA Inc., a remote hiring marketplace that enables companies to hire remote developers in Android, iOS, Java, Python and other platforms.

The deal is expected to close in the second quarter of this year and will give the Professional Diversity Network an opportunity to become RemoteMore’s largest shareholder.

“We believe that working remotely is the trend for high-tech companies, and the Covid-19 pandemic is a catalytic factor for this approach,” Professional Diversity Network CEO Adam said. “While this trend will inevitably evolve after the pandemic, the marriage between PDN and RemoteMore will not only effectively address technology companies’ hiring needs, but also help whole society access a larger, diversified pool of qualified candidates.”