Amid all the recent brouhaha over why Craigslist has failed to improve for so long (in part leading to frustrated developers building things) the entire classifieds market continues to chug along in its various guises. One of those is the more formal recruitment industry - and today Recruit Co. Ltd, a provider of HR and information services based in Japan, has acquired Indeed.com, a highly trafficked jobs site best known in North America. Terms were not disclosed but given that there were signs Indeed was planning to IPO, the price may well have been close to $1bn. Co-founders Paul Forster and Rony Kahan are staying on in the new guise.Source: http://feedproxy.google.com/~r/Techcrunch/~3/2LVZ1YSnWFs/
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