Buying and selling – job board news that fits

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You can’t say it’s been dull this past month. As the mercury has risen, so has the buying fever in our industry. Revenues seem to be rising as well, which will create even more acquisitions, I suspect. So, without further ado, here’s what happened:

  • LinkedIn adds new tools for more engagement and (natch) revenue: LinkedIn has added a couple of new features (and probably more as I type this): Targeted Updates, which allows companies to spa- um, I mean email, their followers; and Follower Statistics, which delivers data on a company’s followers. In other news, LinkedIn saw an increase in revenue during Q1 of 101%. Wow.
  • Evenbase acquires Jobrapido: In interesting action overseas, Evenbase, which includes Jobsite, Broadbean, and OilCareers, purchased Jobrapido, an Italian job search tool that is currently #2 in international job search.  This makes sense strategically for Evenbase, and I suspect we will see additional acquisitions over the coming years.
  • CareerBuilder buys Brazil’s biggest IT jobsite: CareerBuilder bought CEVIU.com.br, the largest information technology job site in Brazil, the first such foray for CareerBuilder into South America. This is the 21st non-US market for CareerBuilder. Smart move. They also acquired Top Language Jobs, a leading global site for multi-language jobs and candidates.
  • Monster doubles profit estimate: Monster reported higher profits despite revenue drops in its North American, advertising, and international sectors. How was the money saved? Staff  reductions and general restructuring.
  • BranchOut lands $25M and a few users, too: BranchOut, the career network app for Facebook, closed $25 million in additional funding while at the same time surpassing 25 million users. About 50% of the new users are coming from outside of the U.S., and much of the growth seems to be coming from key partnerships. It appears to be the one to beat on Facebook.
  • Dice Holdings revenues rise 15% year over yearRevenues for the quarter ended March 31, 2012 totaled $46.1 million, an increase of 15% from $40.1 million in the comparable quarter of 2011. Dice.com’s revenues increased 21% year-over-year, while Rigzone grew 32% year-over-year. Those increases were partially offset by a revenue decline of 5% year-over-year at eFinancialCareers.
  • eQuest expands job posting ability in South America: eQuest  announced expansion of its job delivery network in Central and South America, to Argentina, Bolivia, Brazil, Chile, Columbia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay and Venezuela.
  • Dot what? Oh, right – dot Jobs: The legal battle that is .jobs continues. The International Court of Arbitration appointed a third, and final, member of the hearing panel. No hearing schedule has been posted. I’m on pins and needles….
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