Monday, August 25, 2014
Zao Acquired By Amris
Los Angeles-based Zao, a developer social referral software for finding employees, has been acquired by London-based Amris, which is owned by The Internet Corporation Limited. Financial terms of the buy were not disclosed. Zao develops a platform which helps reward a company's employees for finding new recruits for a company, automating hiring referrals via social media such as Facebook and LinkedIn. Amris said it will use the buy to bolster its eRecruitment platform.