Microsoft-owned LinkedIn has announced the acquisition of Glint – a HR service which provides software to educate employers on the reasons for their staff turnover – the register.co.uk reports.
The deal, for which the terms and conditions are yet to be publicly disclosed, is expected to be sealed by the end of the year.
The acquisition will see Glint operating as a team with LinkedIn, with the current Glint CEO, Jim Barnett, reporting to Microsoft VP of Talent Solutions, Careers and Learning, Daniel Shapero.
“We believe that Glint has uncovered a modern HR best practice that every company should do: Regularly gather employee feedback on work, culture, and leadership, and give leaders the tools they need to translate those insights into action,” Shapero writes.
“At LinkedIn, as a customer of Glint, we’ve experienced the value with the tools to answer questions about the health and happiness of the talent they have, while giving managers at all levels the access and insight that they need to improve.”
LinkedIn told techcrunch.com that Glint will not be shutting down its existing service despite intergating more closely with LinkedIn.
In 2016, Microsoft snapped up LinkedIn for a staggering $26.2billion with the service claiming 433million active users at the time.
