CareerBuilder Acquires CEVIU in Brazil

CHICAGO, April 19, 2012 /PRNewswire/ -- CareerBuilder is making a much-anticipated move into the South American market with the acquisition of CEVIU.com.br, the leading information technology job board in Brazil.  CEVIU features the most IT job listings in the country and its online traffic has had a compound annual growth rate of 158 percent over the last three years, providing CareerBuilder with an accelerated entry into the sixth largest economy in the world.  Together, CareerBuilder and CEVIU will bring Brazil's employers and workers a broader range of recruitment and job search resources for IT and beyond.   

Despite its standing as the fifth most populous country in the world, Brazil's unemployment rate was at 5.7 percent in February 2012, according to the Brazilian Institute for Geography and Statistics.  Nearly two-in-five Brazilians use the Internet, a statistic that is quickly increasing, according to Internet World Stats. 

"Brazil is one of the fastest-growing emerging economies and a great inroad into the rest of South America," said Matt Ferguson, CEO of CareerBuilder.  "Partnering with the top IT job board in this important market is a key step in CareerBuilder's international expansion.  There is a lot potential for growth as we pair CEVIU's expertise in the Brazilian employment market with CareerBuilder's global reach and services."

"We're excited to be a part of CareerBuilder and make an even greater impact on the businesses and workers of Brazil," said Adriano Dalcin, CEO of CEVIU.  "We're able to leverage CareerBuilder's leadership in job search technology and its network of partners as we respond to Brazil's expanding talent needs.  This gives us and our users a distinct competitive advantage."

Brazil will be home to the 2014 World Cup and 2016 Summer Olympics, which are expected to bring even more employment opportunities to the country.

With the acquisition of CEVIU, CareerBuilder now operates in 21 markets outside the U.S. and, through partnerships, has a presence in more than 60 markets worldwide.

About CEVIU

CEVIU is the largest IT job site in Brazil, working as a bridge through which 260,000 professionals and over 11,000 companies connect through solutions that attract more than 270,000 unique visitors per month.

Our goal is to continue to expand in the booming Brazilian market through new solutions and partnerships that add value to our services. We are also looking for new markets to take our quality of work to other areas and regions of South America. For more information, visit www.ceviu.com.br.

About CareerBuilder®

CareerBuilder is the global leader in human capital solutions, helping companies target and attract their most important asset - their people. Its online career site, CareerBuilder.com®, is the largest in the United States with more than 24 million unique visitors, 1 million jobs and 45 million resumes. CareerBuilder works with the world's top employers, providing resources for everything from employment branding and data analysis to recruitment support. More than 10,000 websites, including 140 newspapers and broadband portals such as MSN and AOL, feature CareerBuilder's proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, Canada and Asia. For more information, visit www.careerbuilder.com .

SOURCE CareerBuilder