Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

Xing purchases Austrian startup Prescreen

© Prescreen

The German business network Xing has acquired the Vienna-based startup Prescreen. The basic purchase price is EUR 17 million. However, the final cost of acquisition could increase by EUR 5-10 million if specified targets are achieved by the year 2020.

The startup Prescreen offers cloud-based software for human resources managers. Xing would like to link the software with its own recruiting solutions in order to make its own product attractive to human resources managers. “Thanks to the acquisition, Xing is able to further expand its leading position in e-recruiting”, says Xing CEO Thomas Vollmoeller.

Prescreen is the second Austrian startup to be acquired by Xing in addition to kununu. The company employs a staff of 27 people at present, and according to the information it publishes has 350 business customers, including larger firms such as Unicredit Bank Austria. Xing considers the company to be the fastest growing provider of ATS systems in Europe. Each month it attracts a double-digit number of new customers.

Source: Xing

Read more:

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • 4. Mittelstandsforum Nordrhein-Westfalen

    18.06.2019, Dusseldorf, Germany

  • Expand to Austria

    26.06.2019, Brescia, Italy

Austria Map

Find the perfect location for your company
Austria stands out due to its long-term reliable and stable conditions. These features are particularly important for a research-based company such as Boehringer Ingelheim. Furthermore, Vienna is a city with a good research infrastructure and a high quality of life, and is thus also an interesting place for highly qualified employees from Austria and abroad.

Boehringer Ingelheim

Logo
More testimonials

news from the business location Austria

A.T. Kearney: Austria improves in the investment ranking

The inflows related to foreign direct investments in Europe in 2018 fell by 73 percent to USD 100 billion from the prior-year level of USD 372 billion.

Innovations from Austria for the Logistics Sector

At the present time there are many influencing factors which pose challenges to the supply chain and logistics management. Solutions in this area are frequently developed by startups, also from Austria. Several of them will present their innovations at the Austrian Logistics Day and Logistics Future Lab.

More news All blog posts