Recruit Holdings acquired Glassdoor for $1.2bn.

Glassdoor announced that it has agreed to be acquired by Recruit Holdings Co. Ltd. for $1.2 billion in an all-cash transaction. Glassdoor is a leading job and recruiting company well known for providing greater workplace transparency. Recruit Holdings, a leading Japanese-based HR company, plans to operate Glassdoor as a distinct and separate part of its growing HR Technology business segment.