Job site operator Glassdoor to be acquired by Japan’s Recruit for $1.2 billion

Job site operator Glassdoor to be acquired by Japan’s Recruit for $1.2 billion

Japanese HR services provider Recruit Holdings said on Wednesday it has agreed to buy popular California-based job site operator Glassdoor for $1.2 billion to tap into its database of company reviews and salary data. Privately held Glassdoor, founded in 2007, last raised funds in 2016, valuing the company at $1 billion. It counts billionaire Chase Coleman’s hedge fund Tiger Global Management, Google Capital, and T. Rowe Price among its investors. Buying Glassdoor will expand Recruit’s…

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