Human Resources Technology Firm Bernard Hodes Group Sells Hodes iQ Software System

Human resources technology firm Bernard Hodes Group, owned by gloal advertising and marketing giant Omnicom, announced 14 Sept. 2011, that it is selling its talent acquisition software product, Hodes iQ, to Technomedia, a global provider of integrated talent and learning management solutions. The combined company will operate under the name Technomedia-Hodes iQ in the US, and Technomedia elsewhere in the world.

“This was not an easy decision to make. In Hodes iQ we created a fantastic software tool and grew it into the market leader that it is today,” said Alan Schwartz, CEO, Bernard Hodes Group, ina press realease annoucing the deal. “However, we always strive to do what’s best for our clients and merging Hodes iQ into Technomedia will do just that, providing our customers with a stronger product suite that is still seamlessly connected with Hodes. Technomedia is a software company that will continue to grow and improve the iQ technology, allowing Bernard Hodes Group to dedicate all of our focus to servicing our valued customers. What is best for our clients is best for us.”

Bersin & Associates’ Talent Management Systems Customer Satisfaction survey recently named Technomedia as the leader in customer satisfaction in the global enterprise segment. Bersin & Associates’ Talent Acquisition Systems report has rated Hodes iQ highly for its candidate management capabilities, social media recruiting innovations, and intelligent search technology via TalentScout.

Terms of the agreement were not disclosed.

 

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