By Vanessa Dennis - Monster Worldwide has announced the purchase of the remaining 55 percent stake in ChinaHR for $174 million in cash. Analysys International gave the job site a valuation of $31 million in the first quarter of 2007.
Continue reading...Thursday, July 31, 2008
By Joel Cheesman - So you thought things couldn't get any dumber at Monster? Well, they just got a whole lot dumber'er with the most recent acquisition of snake oil candidate matching technology and vertical job search engine Trovix for $72.5 million. According to Monster CEO Sal Soprano Iannuzzi, "This is an unrivaled and unique technology, and it underscores Monster's commitment to investing significant resources to enhance our overall technology platform. "Trovix's superior match technology complements nicely our ongoing investments in product, sales and customer service, as well as the extension of our business into new areas and geographies. This is truly a game-changing development." Game-changing, huh? Doubtful.
Continue reading...Thursday, July 10, 2008
By Vanessa Dennis - Recruiting software company Talent Technology has purchased PeopleFilter, an applicant tracking system made by Profind, Inc. This is the fifth acquisition for Talent Technology.
Continue reading...Sunday, June 22, 2008
By Joel Cheesman - The following e-mail was sent to me by a former CareerBuilder sales rep. The locations and names have been changed to protect the innocent. They discuss how "selling to HR" is a no-no when trying to make the sale.
Continue reading...
Wednesday, October 8, 2008
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