Red Advertising Ltd, the digital
recruitment classified advertising specialists, today announces the acquisition
of Jobmate and ARC Technologies, one of the UKs leading providers of online job
advert distribution and response tracking solutions for the recruitment
industry.
The acquisition provides Jobmate with
access to Reds marketing and support services which will add to improved
response times and improved customer support satisfaction levels. Red will also
be investing into the core jobmate product technology to ensure that it remains
cutting edge technology and ahead of its competitors.
Under the terms of the deal Jobmate will
maintain its brand name and will remain as a separate business. Jobmate’s existing staff and technical
integration consultants will also be retained to continue their good work
within the jobmate business.
Since its launch in 2002, Jobmate has built
relationships with some of the leading recruiters and employers in the UK. Its
technology is integrated into a network of over 700 jobs boards and it provides
the lowest cost, extremely effective multiple posting and applicant tracking
technology available within the UK.
As the number two in the market, jobmate
works that much harder with recruiters and jobs boards and delivers fast
effective solutions for a fraction of the cost of its competitors.
Commenting on the deal, Richard Clarke, Director
of Red Advertising said: We are absolutely delighted to have had the
opportunity to acquire the Jobmate business. Jobmate works with a good number of recruiters, yet there
are still many out there that don’t know about Jobmate or indeed how
exceptional and low cost the technology is. The challenge for us during 2010
and beyond is to ensure that recruiters
that are either not aware of the advantages of Jobmate or are using the technology
of our competitors which in many cases is not as good and often cost
prohibitive, are at least made aware of what we have on offer.”
Jobmate is the third acquisition that Red
Advertising has made in order to strengthen its online position within the
digital recruitment classifieds sector.
