LinkedIn is considering buying a portal Monster.com

Probably many of the representatives of the hardware community have heard about the portal Monster.com, and some, most likely, worked with this service. Actually, Monster.com is truly a monster in its field, it is one of the largest job search portals and employees. Now the possibility of acquiring this site is considering a social network LinkedIn.

In addition, this service wants to buy Silver Lake, a well-known investment company. As always, after reports that several companies want to acquire assets of this social network at once, the latter’s shares rose in price. The increase was about 19% in relation to the share price on Friday at 12 noon.
')
Actually, the acquisition of this service is beneficial for both companies. For LinkedIn, this is a profitable investment (besides, profile). For Monster.com this is an opportunity to get a good amount for its assets. LinkedIn has long been competing with this service, and very well. For example, the income of Monster.com in 2011 was approximately 250 million US dollars. But in 2010, this social earned about $ 500 million. In just one year, the service lost half the revenue.

LinkedIn is gradually gaining in price, and the more successful this social network is, the more third-party services it buys. Over the past few months, the company has bought services such as SlideShare and Rapportive. Well, the purchase of Monster.com will be one of the most specialized purchases of the social network for professionals.

Via mashable