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.