Friday 17 March 2023

Seattle, US-based interviewing company Karat has acquired adaptive assessment technology acquired California-based technical assessment product and team Triplebyte to expand skills-based assessment suite of interviewing cloud offerings, the company said.

Terms of the transaction were not disclosed.

The acquisition helps organisations identify and hire the best tech talent faster, more accurately, and fairly.

This acquisition will help organisations improve the quality, efficiency, and equity of their hiring in three meaningful ways.

Karat's strategic acquisition focusses on Triplebyte's assessment product and content library.

Triplebyte's sourcing business, Magnet, and its candidate talent network will wind down, effective March 31, and Karat will anonymise the underlying data for analytics purposes.

Karat is an end-to-end hiring solution that works with organisations to improve the quality, efficiency, and equity of their technical hiring process.