logo
Share SHARE
FONT-SIZE Plus   Neg

Xing Buys Intelligence Competence Center

Xing AG (XNGAF.PK) said that it has acquired all shares in Aschaffenburg-based Intelligence Competence Center (Deutschland) AG, the operator of the largest jobs search engine in German-speaking countries,inter alia under the domain www.jobborse.com.

XING AG has to make an aggregate payment of approximately 6.3 million euros to all shareholders of Intelligence Competence Center (Deutschland) AG for 100% of
the shares.

Depending on the achievement of operating targets for 2015 and 2016, the main shareholder and founder of Intelligence Competence Center (Deutschland) AG may receive additional purchase price payments of up to 2.4 million euros by February 2017.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A United Airlines gate agent barred two teenage girls from boarding a flight on Sunday for wearing leggings, noting that they failed to meet a dress code for special pass travelers. United spokesman Jonathan Guerin responded that the two girls traveling with a companion would not have been turned away for wearing leggings if they were paying customers. Alteryx, Inc., a provider of self-service data analytics software, is the latest tech company to go public in March. Alteryx said it has priced its IPO of 9 million shares of its Class A common stock at $14 per share, at the top end of its range of $12 to $14 per share. Dunkin' Donuts is bidding adieu to one of its frozen coffee beverages this summer. However, loyal fans of the decades-old menu staple have not taken kindly to the news. The coffee chain said it will discontinue its popular Coffee Coolatta beverage this summer and instead, introduce the new Frozen Dunkin' Coffee, made with coffee extract, sugar and milk.
comments powered by Disqus
Follow RTT