Veritone announced a definitive agreement to acquire PandoLogic, an AI-enabled recruiting platform.
The close is expected to be in late Q3, 2021.
No, PandoLogic’s name will remain the same for the foreseeable future.
PandoLogic enables employers to source quality applicants faster and more efficiently through the use of big data, artificial intelligence, and proprietary campaign algorithms that fully-automate and optimize the job advertising process from job classification and targeted distribution to budget allocation and dynamic bidding across diverse job categories. The PandoLogic talent acquisition solutions connect publishers, employers, job board operators and job seekers across a shared talent network using the most advanced programmatic platform available. Since 2007, over 125,000 employers and more than 700 digital publishers have benefited from PandoLogic’s programmatic solutions resulting in over 5.4 billion programmatic job campaigns based on more than 199 billion historical job performance data points. To learn more visit PandoLogic.com.
Veritone (NASDAQ: VERI) is a leading provider of artificial intelligence (AI) technology and solutions. The company’s proprietary operating system, aiWARE™, powers a diverse set of AI applications and intelligent process automation solutions that are transforming both commercial and government organizations. aiWARE orchestrates an expanding ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. The company’s AI developer tools enable its customers and partners to easily develop and deploy custom applications that leverage the power of AI to dramatically improve operational efficiency and unlock untapped opportunities. Veritone is headquartered in Denver, Colorado, and has offices in California and London. To learn more, visit Veritone.com.
Veritone One is one of the world’s largest full-service performance-based audio advertising agencies, creating native and traditional ads for the world’s most recognizable brands. The agency’s expertise in media buying, planning and creative execution, coupled with its unmatched ability to track near real-time performance of advertisements through Veritone, Inc.’s proprietary aiWARE™ technology, enables Veritone One to deliver ads with unmatched effectiveness in a way that’s simple, scalable and trackable. Veritone One is a wholly-owned subsidiary of Veritone, Inc. (NASDAQ: VERI) and is headquartered in Costa Mesa, California. To learn more, visit www.veritoneone.com.
Customers should see no impact as a result of this acquisition.
Customers should see no impact as a result of this acquisition.
Customers should see no impact as a result of this acquisition.
Not initially.
Your contacts will not change.
Your account manager will remain the same.
At this time there are no changes needed to your existing contract or agreement.
There are no changes to contracts or agreements at this time.
There will be no changes to the customer experience or engagement as a result of this acquisition.
PandoLogic customers will benefit from the combined strength of PandoLogic’s AI powered recruitment platform, market expertise, coupled with the technical depth of Veritone and their market tested enterprise AI platform, aiWARE™.
PandoLogic will operate as a wholly owned subsidiary separate from Veritone One. The two groups are not competitive with each other.