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Monster acquires Yahoo HotJobs for $225 million

Monster Worldwide has acquired HotJobs from Yahoo for $225 million. Monster and Yahoo have also entered into a three year deal under which Monster will provide career and job content on the Yahoo homepage in US and Canada.

Monster Worldwide has acquired HotJobs from Yahoo for $225 million. Monster and Yahoo have also entered into a three year deal under which Monster will provide career and job content on the Yahoo homepage in US and Canada.

“HotJobs with its significant customer base plus the traffic agreement are an ideal complement to Monster’s innovative recruitment solutions and global reach,” Sal Iannuzzi, chairman, chief executive officer and president, Monster Worldwide, has said.

“Bringing together Monster and HotJobs creates even greater access and opportunities for both recruiters and job seekers,” Hilary Schneider, EVP, Yahoo, has said. “Yahoo remains focused on its core businesses and delivering exceptional experiences to users, partners and advertisers.”

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