CareerBuilder Acquires CEVIU In Brazil

CHICAGO, April 18, 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 of 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.

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