SAP(US:SAP) Prnewswire·2025-08-01 06:00Core Insights - SAP has announced an agreement to acquire SmartRecruiters, enhancing its SuccessFactors human capital management suite with SmartRecruiters' expertise in talent acquisition software [1][5] - The acquisition aims to improve hiring processes, reduce time-to-hire, and provide a better candidate experience through integrated analytics and AI-driven recommendations [2][3] Company Overview - SmartRecruiters provides Software-as-a-Service solutions that help over 4,000 organizations globally manage their hiring workflows efficiently [4][8] - The acquisition is expected to close in the fourth quarter of 2025, pending regulatory approvals, with terms of the transaction undisclosed [5] Strategic Benefits - The integration of SmartRecruiters will allow customers to manage the entire candidate lifecycle within a single system, streamlining operations for recruiters and hiring managers [3] - Enhanced AI-enabled recruiting capabilities will lead to more efficient applicant tracking and candidate screening, with data-driven analytics integrated into SAP's existing tools [3][5]