Group 1 - SAP has reached an agreement to acquire SmartRecruiters, a recruiting software company, enhancing its HR tools with SmartRecruiters' user-friendly interfaces and seamless workflows [1] - The acquisition will allow customers to manage the entire candidate lifecycle in a single system, improving the experience for recruiters, hiring managers, and candidates [2] - SmartRecruiters was valued at $1.5 billion during its last funding round, which raised $110 million in 2021 [3] Group 2 - The terms of the acquisition have not been disclosed, and the deal is expected to close in the fourth quarter of this year [2]