Online jobs portal Glassdoor Inc. said late Tuesday it agreed to be bought by Japan’s Recruit Holdings Co. for $1.2 billion in an all-cash deal, the latest in a string of overseas acquisitions by Japanese companies.
Tokyo-based Recruit Holdings, a human-resources company, plans to operate privately held Glassdoor, which launched in 2008, as a separate part of its growing HR technology business segment, Glassdoor said in a news release. Aside from offering jobs and recruiting services, Glassdoor enables the posting of employee...