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HRBoss, an Asian human capital management (HCM) and recruiting cloud solutions provider, announced their acquisition of Singapore-based applicant tracking company, Aqayo. This is the latest in a series of recent announcements from HRBoss, including their recent corporate rebranding from HiringBoss to HRBoss.
Financial details of the acquisition were not provided.
Aqayo’s applicant tracking system (ATS) and social recruiting platform will be combined with the HRBoss solutions flagship applicant tracking solution HiringBoss, to provide a more comprehensive offering to clients.
Bernie Schiemer, HRBoss CEO and founder, commented, “Without a doubt, Aqayo have been the frontrunner in bringing social recruiting and web-based applicant tracking to Singapore. As a result, they have built an incredible presence in Singapore and they have four to five years of customers using and loving their solution under their belt.”
“The Aqayo eRecruiting platform shares many affinities with our own applicant tracking tool, HiringBoss, but it is their innovative approach to social recruiting for a connected world that I know will excite our HRBoss customers. We’ve been picking up the pace in solidifying our position at the head of the Asian HR tech market, and this is a key move to underline our dominance of the Singaporean market. Singapore is where we are headquartered and this is where we are here to stay,” he added.
Mr Schiemer continued: “When I first met Aqayo CEO, Julien Arnaud, and his team, it struck me how incredibly committed they are to two key focuses; delivering exceptional customer service with their consistently innovative ATS, and building a financially healthy and profitable business.”
"At HRBoss, we have offices across seven countries in Asia today, a robust R&D budget and a talented team hungry for success. We know that as the only dedicated HR and recruiting Software as a Service (SaaS) company for Asia, together we can take on the global heavyweights and disrupt the market with our cutting-edge solutions. We’re looking forward to working with Julien and his team as part of the HRBoss family. This deal is great news for us all, especially our mutual customers who all stand to benefit from our pooled expertise,” he added.
Julien Arnaud, Aqayo CEO, will assume position as Country Head of HRBoss Singapore, effective immediately. Mr Arnaud today commented, “In Singapore, we’re seeing businesses take more ownership of their recruiting processes and employer branding in general. There is shift away from being overly-dependent on job boards and agencies, with Singaporean businesses keen to harness the power of social recruiting and corporate career sites. We look forward to bringing all of our expertise in this area and leveraging it with the HRBoss suite of solutions across the entire Asia region.”
“From a strategic point of view, this is the ideal time to be joining HRBoss: we have recently had a major corporate rebrand, launched an exciting suite of new solutions and we’re on a clear mission to expand on our current success. From a personal point of view, it’s exhilarating to be part of a business with such dedication to delivering the absolute best to customers. On behalf of myself and Aqayo, we can’t wait to get stuck in,” he added.