Posted May 7, 2004

SilkRoad Acquires Triad-Based OpenHire Software

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WINSTON-OpenHire Software, a firm focused on human resources and recruiting management software, has been acquired by SilkRoad Equity.

Terms of the deal were not disclosed.

OpenHire said in a statement that it has "a large and loyal customer base, many of whom are Fortune 500 organizations." It is based in Winston-Salem.

"OpenHire is a strategic component in our growth strategy, and significantly expands our portfolio of easy to use software, delivered as a service over the web," said Andrew Filipowski, chairman and CEO of SilkRoad.

OpenHire: www.openhire.com

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