Indeed today announced that it will be acquired by Recruit Co. Ltd, a leading provider of integrated HR and information services based in Japan. The acquisition enables Indeed, the most visited job site in the world, to continue its rapid expansion while benefiting from Recruit’s reach and resources. Indeed will be an independent operating unit of Recruit, led by Indeed’s current senior management team.
What’s the biggest sign that you’ve “won” in your market? It’s when you can acquire your biggest competitor. HomeAway has done the same thing, and dominates the market for vacation home rentals. Bazaarvoice just announced that they have acquired their largest competitor, PowerReviews. Largest is a relative word, as Bazaarvoice enjoys a market value of over $1B and PowerReviews was acquired for $150M.
After recently acquiring Austin-based NetQoS, CA Technologies announced today a definitive agreement to buy Hyperformix, a leading provider of capacity management software for dynamic physical, virtual, and cloud IT infrastructures. Terms of the transaction were not disclosed. “Virtualization capacity management is among customers’ most critical IT management needs,” said Roger Pilc, general manager of CA [...]