Monster Acquires Social Recruiting Technology Players TalentBin and Gozaik
Social Profile Search and Job Distribution Enhance and Expand Connecting People and Jobs on Monster
NEW YORK—(BUSINESS WIRE)—Feb. 24 2014— Monster Worldwide Inc. (NYSE:MWW) today announced the acquisition of TalentBin Inc. a social profile talent search engine and Gozaik LLC a developer of social jobs aggregation and distribution technology. Terms of the transactions were not disclosed.
The capabilities contributed by these acquisitions will enhance Monster's ability to successfully connect people and job opportunities by adding increased distribution of job ads across social channels and additional employer resources for finding the best candidates.
"The acquisition of TalentBin and Gozaik completes one key component of a larger strategy designed to help our business grow" said Sal Iannuzzi chairman president and chief executive officer of Monster Worldwide. "We look forward to sharing more details about these plans at our investor briefing event later this year."
TalentBin based in San Francisco matches candidates to employers through a talent database drawn from candidate activity on social websites including Facebook Twitter Quora Meetup Github and Stack Overflow and provides CRM tools to allow employers to efficiently manage candidate communications.
Gozaik based in Boston aggregates social job announcements and distributes broad and targeted job ads across social channels providing employers with the ability to find engage and hire talent on Twitter.
Both acquisitions closed during the first quarter of 2014. Monster's strategy briefing for investors is scheduled for May 14 2014.
About Monster Worldwide
Monster Worldwide Inc. (NYSE:MWW) is the global leader in successfully connecting job opportunities and people. Monster uses the world's most advanced technology to help people Find Better matching job seekers to opportunities via digital social and mobile solutions including monster.com® our flagship website and employers to the best talent using a vast array of products and services. As an Internet pioneer more than 200 million people have registered on the Monster Worldwide network. Today with operations in more than 40 countries Monster provides the broadest most sophisticated job seeking career management recruitment and talent management capabilities globally. For more information visit about-monster.com.
Source: Monster Worldwide Inc.
Monster WorldwideMatt Anchin +1-212-351-7528Senior Vice President Global Communicationsmatt.firstname.lastname@example.org