Phenom, a global leader in Talent Experience Management (TXM), acquired Talentcube, a Munich, Germany experience-driven video technology company. The amount of the deal was not disclosed.
The integration of Talentcube’s platform will allow candidates to create video-based resumes that can replace cover letters and support live and automated video interviews with its interface that candidates, recruiters and hiring managers can use over minimal or mobile data speeds, a Phenom spokesperson said. It’s a nod to a continued effort toward remote recruiting and remote work, even as the pandemic eases globally.
“HR teams adopted video technology during the pandemic out of necessity, and moving forward, it will become a competitive advantage in attracting and retaining talent,” said Mahe Bayireddi, cofounder and CEO of Phenom.
The addition of Talentcube’s technology advances Phenom’s ability to provide video functionality at every stage of the talent journey. By acquiring Talentcube, Phenom adds an office in Munich to complement its overseas headquarters in Rotterdam and European presence throughout Germany, France, Ireland, Sweden, Netherlands, and the United Kingdom.
Announcement: Phenom Buys Talentcube