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Hcm Ii Acquisition Corp. shares rise 1.39% intraday after SAP announced acquisition of SmartRecruiters.
ByAinvest
Monday, Aug 4, 2025 2:55 pm ET1min read
Hcm Ii Acquisition Corp. rose 1.39% in intraday trading, with SAP (NYSE: SAP) announcing its acquisition of SmartRecruiters, a leading talent acquisition software provider. This acquisition is expected to strengthen SAP's HCM suite, providing customers with tools to attract and retain top talent. The integration of SmartRecruiters' expertise in high-volume recruiting, recruitment automation, and AI-enabled candidate experience is seen as a positive development for SAP, aligning with the stock's upward movement.
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