Stamford online job-search portal Indeed is being bought by a Japanese human resources-data services firm,a deal that gives both firm a deeper presence in their respective home markets, authorities say.
What Recruit Co. Ltd. of Japan will pay for Indeed wasn’t disclosed.
Indeed managers will continue to operate it as a Recruit affiliate, officials said.
Launched in 2004, Indeed claims to be the world’s online job-search leader, with more than 25,000 employer clients who draw 80 million unique visitors monthly in more than 50 countries and 25 languages.
“Recruit aspires to be the leader in HR and recruitment services worldwide,” said CEO Masumi Minegishi. “Our acquisition of Indeed is a critical step in achieving that goal and we are excited to help build on Indeed’s No. 1 position in job search.”
