SALT LAKE CITY, Dec. 23, 2013 /PRNewswire/ -- Talent Interaction Platform™ provider HireVue today announced the acquisition of CollaboRATE Inc. – a spinoff from ZRG Partners – featuring a patented hiring decision engine designed to improve interview collaboration, feedback and analysis. Developed together with ZRG's Fortune 500 clients such as HP, the CollaboRATE platform enables more informed, data-driven hiring decisions while also equipping organizations with feedback on internal interviewers and talent scouts.
CollaboRATE complements HireVue's own technology, which leverages digital interview guides, validated questions, real-time feedback and analytics for more data-driven hiring decisions. The acquisition of CollaboRATE will have a powerful impact on HireVue clients with:
- Patented collaboration, feedback and comparison tools,
- Enriched reporting and analytics from talent interactions,
- Valuable insights on internal interviewers, recruiters and decision makers.
"Critical data is often the missing piece that separates great hires from poor ones. CollaboRATE's patented decision engine adds to what HireVue has set out to accomplish in powering more informed hiring choices," said Mark Newman, CEO, HireVue. "HireVue has built an almost decade-strong legacy of delivering collaborative, data-driven interview tools, and the CollaboRATE technology is a perfect complement to our newly-expanded platform."
"We have invested significantly in CollaboRATE and in our business process patent. Now, to secure broad reach for this technology, we needed a partner who is passionate about the interviewing space and has the talent to further develop the vision," said Larry Hartmann, Managing Partner, ZRG Partners. "With their state-of-the-art interview solutions, HireVue was a natural choice."
This news comes on the heels of HireVue's recently announced Talent Interaction Platform, expanded to include video, mobile and social enriched interactions across the spectrum of talent needs, from sourcing and screening to validation, interviewing and onboarding.
For more information, visit www.hirevue.com.
HireVue is an amazing new way to interview – on demand! Users simply browse, watch, rate and share the interviews they want, on their own time – just like streaming their favorite movies – even from a smart phone. Recognized by Inc. magazine in 2013 as a top 500 fastest-growing private company, by Deloitte as a top 50 company in Deloitte's Annual Fast 500 and by HR Executive Magazine as a Top HR Product of 2012, HireVue's Digital Interview Platform™ also helps improve interviews of all types, including in person, phone and video interviews. Digital question, feedback and collaboration tools remove hassle and make interviewing up to ten times faster and nine times cheaper. Join HireVue customers like Ocean Spray, Nike, Dow Jones and Walmart who are making interviewing awesome. http://www.hirevue.com.
About ZRG Partners
ZRG Partners is a global executive search and human capital management firm founded on the principle that good information and process excellence are the cornerstones of any human capital decision. Last year, ZRG Partners completed searches in 33 Countries. The firm is regarded as one of the fastest growing retained search firms. ZRG operates globally with offices in the U.S., Europe and Asia Pacific.
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