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Sweden-based job board NetJobs Group AB (NJOB:STO) has signed an agreement to acquire the domain of international career website www.TechJobs.com. TechJobs has traffic rates of 40,000 visitors per month, but the firm has virtually no revenue.
TechJob’s is a career site for technical, information technology and engineering professionals. Metrics of the deal were not published.
“The acquisition of the domain www.TechJobs.com is a natural step in the realisation of NetJobs vision to become the No. 1 in the world in niche job sites. TechJobs.com’s strong and well-known name opens up a good opportunity for long-term growth, both in the large American and other global job site market in IT and engineering related jobs,” said Henrik Kvick, chairman at NetJobs.
NetJobs last week reported revenue growth of +11% in the third quarter of the year with sales rising to €1.0 million (SEK 8.5 million), helped by growth seen in Germany and its domestic market. The company operates around 35 specialised career websites in northern Europe and 5 general websites in Sweden, Norway, Finland, Denmark and Germany.