Dice Acquires the IT Job Board

July 25, 2013 – Dice Holdings, Inc., a career website for technology and engineering professionals, has purchased the outstanding shares of Jobboard Enterprises Limited, the corporate entity of The IT Job Board. The U.K.-based company operates a network of tech career sites in the U.K., Germany, Belgium and Holland. The purchase price consists of initial cash consideration of £8 million ($12.2 million) net of cash acquired. The IT Job Board has 2013 revenue (January – June) of approximately £2.5 million. “Dice in a strong position to capitalize on additional opportunities, including expanding our tech recruiting business outside North America,” said Michael Durney, CEO. “While our specialty focus will remain unchanged, we do expect to accelerate our plans in several key areas. I am excited to continue to work with our teams worldwide who focus every day on delivering the best experience for our customers and the professionals we serve.”