Betterworks buys Hyphen, extending its HR portfolio: Acquisition allows firm to provide employers with feedback from employees to improve retention and engagement.

Betterworks, an enterprise software for performance management, has acquired Hyphen, a San Francisco-based company that provides an employee listening and engagement platform.

Hyphen's employees and brand will fold into the Betterworks brand, which will sell the product as Betterworks Engage. Hyphen helps employers collect feedback from employees through surveys and polls, and its AI analytics tool converts unstructured feedback into data and provides recommendations.

"Listening to your employees is a critical...