RealTime IT News

Monster.com Brings Technology In-House

TMP Worldwide Inc., the parent company of job site Monster.com, Monday brought its technology work in-house, acquiring Web Technology Partners, Inc., an e-commerce services firm with which it has been working.

Financial terms of the transaction weren't disclosed.

The acquisition follows TMP Worldwide's purchase of Los Angeles-based executive search firm Rollo Associates, which was completed on June 1. That deal was aimed at expanding the company's presence on the West Coast.

Monster.com is also digging in its heels in Europe, launching sites Monday in Germany and Ireland. The company already had local-language sites in France, the UK, the Netherlands and Belgium.

The acquisition of Web Technology Partners is aimed at helping the firm with its technical needs as it expands into other markets, and at helping it develop specialized solutions for particular clients.

"As Monster.com continues to innovate and grow our web properties, these additional software engineers will expand our internal development team and allow us to provide customized service options for select Monster.com customers," said Brian Farrey, chief technology officer of Monster.com.