Systanet has acquired the IPR of a software platform used in the recruitment industry as part of a wider-ranging deal to help three related businesses survive the global economic downturn.  Under the deal, Systanet takes and retains the IPR to the software that forms the backbone of three recruitment sites.  The software is licenced back to the businesses to allow continued trading but moving costs from CAPEX to OPEX.

Systanet will develop the IPR to offer a powerful Software-as-a-Service offering to the recruitment sector – allowing specialist recruitment agencies to have a powerful online presence with virtually zero capital expenditure.