Monster Worldwide, Inc. (MWW) announces acquisition of TalentBin and Gozaik

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Monster Worldwide, Inc. (NYSE:MWW), a leading online job opportunity service, has bought TalentBin and Gozaik. The terms of the deals were undisclosed. Here are some details about both companies:


TalentBin

Based in San Francisco, TalentBin is a talent search engine. Some of TalentBin’s investors include SV Angel, FundersClub, First Round Capital, Charles Ventures, NEA and Lightbank. TalentBin connects candidates to employers through a talent database grabbed from candidate activity on Facebook, Twitter, Meetup, Quora, Stack Overflow, and Github. It also provides CRM tools to allow employers to manage candidate communications.

Gozaik

Based in Boston, Gozaik aggregates social job announcements and distributes targeted job ads across social channels. Gozaik provides employers with the ability to find, engage, and hire talent through Twitter.

Integration with Monster

By acquiring these companies, Monster will be able to successfully connect people and jobs by adding increased distribution of job ads across social channels and integrate additional employer resources for finding the best candidates for jobs.

“The acquisition of TalentBin and Gozaik completes one key component of a larger strategy designed to help our business grow,” stated 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.”

Both of the acquisitions closed during Q1 2014.

[Source: PEHub]

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