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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

Frontline staffing company Workmate was acquired by Japanese conglomerate Persol Asia Pacific. Kazoo (formed from a merger of HighGround and YouEarnedIt in 2019) picked up WorkTango and renames itself after the acquired company, offering everything from performance and employee listening to engagement and recognition tools under one banner.

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HR TechStack – Performance Tracking

Workstride

It helps organizations establish employee performance standards and enables managers to evaluate employees’ job performance in relation to these standards. Performance management systems are used to manage employee progress, performance, and development in relation to organizational goals.