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Monday, February 8, 2010

Monster Acquires Yahoo HotJobs for $225M Cash

Recently USA's premier job-site Monster acquired another popular job-site Yahoo Hotjobs for a deal of $225 Million  cash. As part of the deal Monster will power Job listings of Yahoo for three years.

I feel it is a win-win deal for both the companies. Because Yahoo had been trying to concentrate on its main business i.e: internet products for sometime and in the process they are trying to offload businesses that are not aligned with their primary business.So this is a good deal for them.

On the other hand Hotjobs being a part of Yahoo had the benefit of Yahoo brand-name. Thus it was a very popular job-site. Now Monster can leverage from its traffic.This deal will increase Monster's market share significantly.

1 comment:

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