Good point, mate. I've been doing some digging around for the last few hours. There are multiple sourcing companies with hundreds of millions of profiles.
Interestingly, another company called Identified had a database of over 1b profiles, similar to the Branchout database. Another billion+ profile database is out there in the hands of Workday.
https://www.recruiter.com/i/identif...recruit-database-of-1-billion-job-candidates/
Workday acquired Identified in 2014 for the price of $26.4 million.
http://www.sec.gov/Archives/edgar/data/1327811/000119312514228909/d722300d10q.htm
Identified, Inc.
On February 20, 2014, we acquired Identified, Inc., for the purpose of enhancing search capabilities and accelerating the delivery of predictive analytics and machine learning throughout our suite of applications. We have included the financial results of the acquired company in the consolidated financial statements from the date of acquisition. The consideration paid for this acquisition was $26.4 million, not including cash acquired.
The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of the date of acquisition (in thousands):
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
| 1 |
|
|
|
|
|
| 2 |
Cash
|
|
$ |
74 |
|
| 3 |
Prepaid expenses and other current assets
|
|
|
150 |
|
| 4 |
Identified intangible assets acquired:
|
|
|
|
|
| 5 |
Developed technology
|
|
|
3,600 |
|
| 6 |
Goodwill
|
|
|
23,824 |
|
| 7 |
|
|
|
|
|
| 8 |
|
|
|
|
|
| 9 |
|
|
|
|
|
| 10 |
Total assets acquired
|
|
|
27,648 |
|
| 11 |
Accrued expenses and other current liabilities
|
|
|
(1,257 |
) |
| 12 |
Deferred tax liabilities
|
|
|
— |
|
| 13 |
|
|
|
|
|
| 14 |
|
|
|
|
|
| 15 |
|
|
|
|
|
| 16 |
Total liabilities assumed
|
|
|
(1,257 |
) |
| 17 |
|
|
|
|
|
| 18 |
|
|
|
|
|
| 19 |
|
|
|
|
|
| 20 |
Net assets acquired
|
|
$ |
26,391 |
|
| 21 |
|
|
|
|
|
| 22 |
|
|
|
|
|
| 23 |
|
|
|
|
|
Workday attributed $3.6m to Developed Technology (the code and database) and $23.824m to Goodwill.
