Maynard-based Monster Acquired HotJobs, Enters Traffic Agreement with Yahoo

Maynard, Mass. – Monster, the Maynard-based provider of online job search and employee recruitment services, has completed its $225 million acquisition of HotJobs from Yahoo. As part of the deal, Monster and Yahoo have signed a three-year commercial traffic agreement whereby Monster will become Yahoo’s exclusive provider of career and job content on the Yahoo homepage in the U.S. and Canada. As a result of the acquisition, Monster said it will reach roughly 62% of the US internet population (130 million unique visitors) and will expand its newspaper partnerships from 400 to 1000 with the addition of 600 HotJobs daily and weekly newspapers providing local reach in all 50 states.

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