Dice Holdings Inc. (DHX), a provider of specialized
career-related websites, bought the assets of FINS.com, a
career-resource site for financial professionals owned by Dow Jones
& Co.
Dice also entered into an exclusive partnership with Dow Jones
to continue operating the online career center for Dow Jones sites
WSJ.com and Marketwatch.com in the U.S. Financial terms of the deal
weren't disclosed.
Dow Jones is the publisher of The Wall Street Journal and this
newswire, and is owned by News Corp. (NWSA, NWS).
"We are incredibly proud of the organic growth of FINS in just
three years and believe the best way to continue success is to work
with a leading provider of career services for professional
communities," said Alisa Bowen, head of product for Dow Jones.
"Dice has a proven track record, and we look forward to working
with them, as we continue to focus on providing our users even more
careers and management content."
Dice already runs specialized career websites for professionals
in technology and engineering, financial services, energy and
health care.
Dow Jones launched FINS in 2009, providing job openings and
news, research on companies and career advice. The stand-alone site
has a dedicated editorial staff that provides columns and other
career-oriented content.
The sale comes only a day after News Corp. confirmed plans to
separate its publishing business from its film and television
units, creating two separate publicly traded companies and allowing
the more-lucrative entertainment side to split from the
slower-growth publishing side.
Dow Jones also recently disclosed plans to close the print
edition of SmartMoney magazine.
Dice shares closed up 4% at $9.39, while New Corp.'s Class A
shares closed at $22.29. Both were unchanged after hours.
Write to Ben Fox Rubin at ben.rubin@dowjones.com
Copyright (c) 2012 Dow Jones & Company, Inc.