CareerBuilder Acquires CEVIU in Brazil

Chicago — April 18

CareerBuilder is making its move into the South American market with the acquisition of CEVIU.com.br, an 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, according to CareerBuilder.

Together, CareerBuilder and CEVIU will seek to 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, 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 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.

Source: CareerBuilder