On February 7, 2025, Phenom, an AI company specializing in HR solutions, announced its acquisition of EDGE, a resource management and talent mobility platform.

This acquisition aims to enhance Phenom's workforce intelligence solutions specifically for the professional services sector and global capability centers.

By integrating EDGE's advanced resource planning capabilities, Phenom expects to improve its already successful offerings, which have been validated by leading organizations in the field.

This marks Phenom's sixth acquisition as part of its Intelligent Talent Experience platform, reflecting its strategic expansion in the realm of 'intelligent talent' solutions.

Phenom's CEO, Mahe Bayireddi, highlighted that this acquisition is a significant step toward the company's mission of helping one billion people find the right jobs.

The integration of EDGE's technology has previously yielded measurable results, including a 16-day reduction in internal fulfillment cycle times and a 21% increase in internal demand fulfillment rates.

Additionally, EDGE's contributions have led to a 36% increase in supply visibility and a remarkable 28-fold increase in the replacement of contractors with existing staff.

Phenom has received multiple accolades, being listed on the Inc. 5000 and Deloitte Technology's Fast 500 for consecutive years, underscoring its growth and innovation.

Headquartered in Greater Philadelphia, Phenom operates globally with offices in India, Israel, the Netherlands, Germany, and the United Kingdom.

Phenom's platform is designed to help candidates find jobs faster, enable employees to develop skills, increase recruiter productivity, and align HR processes with company goals.

The financial details of the acquisition were not disclosed by either Phenom or EDGE.

Bayireddi emphasized the importance of leveraging AI innovations to enhance workforce competitiveness and efficiency, reinforcing the strategic vision behind the acquisition.