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Lots of consolidation going on in the ATS space!

Recently, I heard of two acquisitions that have taken place -- ADP bought out Virtual Edge and Kenexa acquired Brass Ring --

http://blogs.zdnet.com/SAAS/?p=230

It goes to show that:

1) The market for ATS is saturated and the only logical step is for consolidation
2) The ATS space is being positioned as a modular piece for the growing Talent Management Technology space.

It's interesting to note that Kenexa is getting into many things like Talent Management, RPO, etc.

Interesting times...

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