Zapoint Buys Jobster
April 7, 2010 by Alice Allan
Talent management and career-mapping service Zapoint has acquired Jobster Inc. for an undisclosed sum.
As techflash.com explains, Jobster changed its name to recruiting.com in early 2009. techcrunch.com says the acquisition will see recruiting.com sell Jobster and its technology to Zapoint, while recruiting.com will remain an independent company.
ere.net describes Jobster as “the company most famous for burning through almost $55 million in venture capital while it searched for a business model”. techcrunch.com also acknowledges that the company had its fair share of difficulties over the past few years, including several rounds of layoffs.
Jeff Seely, head of Jobster, remains optimistic about the company’s future:
“The user interaction between Zapoint’s SkillsMapper and Jobster’s skill analytics technology should be revolutionary and a real step forward for the human resource field. We think the combination will provide a better solution for customers, making it easier to connect the market supply of skills with employer demand.”
Related posts:
- Monster Buys Yahoo! HotJobs It was only a matter of time. Monster Worldwide has just announced a deal to buy Yahoo! HotJobs for US$225 million. Monster explains it is also entering a three-year commercial traffic agreement in which it will become Yahoo!'s provider of...
- localbacon.com Flips Job Board Model localbacon.com is a new US jobs board that the company says "was conceived out of frustration at the job search and job application process". ...
- Jobs Up as SEEK Buys More JobStreet SEEK Ltd, owner of top Australian jobs website seek.com.au, has increased its stake in Asian jobs portal network JobStreet. "We have been impressed by the strong results delivered by JobStreet since acquiring our initial stake," said SEEK joint CEO Andrew...
- monster.com Heads for Super Bowl The acquisition of Yahoo! HotJobs has already made this a big week for the Monster brand, and it looks set to remain in the headlines for a few days yet. Next, monster.com's recently launched promotional push will continue with the...
Related posts brought to you by Yet Another Related Posts Plugin.
[...] at jobster.com, which was down 73.17 percent and is now 15th on the list. Time will tell whether Zapoint’s recent acquisition of the website can turn its fortunes [...]