LinkedIn considers buying Monster.com portal



    Most likely, many representatives of the habrasociety have heard about the Monster.com portal, and some most likely have worked with this service. Actually, Monster.com is really a monster in its field, it is one of the largest job search and job portal sites. Now the possibility of acquiring this site is considering the social network LinkedIn.

    In addition, Silver Lake, a well-known investment company, also wants to buy this service. As always, after the announcement that several companies want to acquire the assets of this social network at once, the shares of the latter grew in price. The growth was about 19% relative to the stock price on Friday, at 12 noon.

    Actually, the acquisition of this service is beneficial for both companies. For LinkedIn, this is a profitable investment (in addition, a specialized one). For Monster.com, this is an opportunity to get a good amount for their assets. LinkedIn has long been competing with this service, and not bad at all. For example, Monster.com's revenue in 2011 was approximately $ 250 million. But in 2010, this social earned about 500 million dollars. In just a year, the service lost half of its revenue.

    LinkedIn is gradually gaining in price, and the more successful this social network is, the more third-party services it buys. Over the past few months, the company has bought services such as SlideShare and Rapportive. Well, the purchase of Monster.com will be one of the most specialized social network purchases for professionals.

    Viamashable

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