Monster Purchases French Emailjob.com

  • February 15, 2005
Monster Worldwide, owner of job-hunting site Monster.com, announced Monday that it had acquired French career site Emailjob.com from trade show organizer Reed Expositions France and company founder Didier Ryckelnyck. Monster's French invasion came with a price tag of $26 million, with $23 million being paid at the closing of the deal, and $3 million paid over the next year.

Emailjob.com was acquired to strengthen the career site leader's position in a key European market, and provides Monster France with access to the local market, Monster said.

--Shankar Gupta

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