May 11, 2010 – Career site Dice Holdings, Inc. has completed the purchase of the online and career events-related businesses of WorldwideWorker, a global leader in recruitment for the energy industry. The purchase price consists of initial consideration of $6 million in cash. Additional consideration to a maximum of $3 million in cash is payable upon the achievement of certain operating and financial goals over the next two years. “The acquisition of WorldwideWorker delivers on two important parts of our growth strategy: international growth and new vertical expansion,” said Scot Melland, chairman, president and CEO of Dice. “WorldwideWorker is a well-regarded player in the highly-attractive energy sector. The global nature of the energy business allows us to leverage both our cross-border recruiting expertise and our international infrastructure.” Based in Dubai, WorldwideWorker is known for its international resume database and its recruitment events held at industry-leading conferences. More than 400,000 energy professionals have registered with WorldwideWorker and two-thirds of those are based in Asia, Africa or the Middle East.
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