Dice to Sell It’s Niche Job Sites

Dice to Sell It’s Niche Job Sites

Fresh off the announcement that they are no longer interested in selling Dice.com, the IT job site, its parent company DHI has announced today that they will look to sell off several of it’s niche job sites including RigZone, Biospace, Hcareers and others. The company made the announcement in a press release this morning that announced their quarterly earnings. Specifically it states: The Company plans to divest a number of its online professional communities to achieve greater focus and resource allocation toward its core tech-focused business. The planned divestitures include: BioSpace, Hcareers, Health eCareers, and Rigzone. The Company is in the process of engaging a financial advisor to evaluate opportunities to conduct value enhancing divestitures of these non-tech businesses. Proceeds from any dispositions will be employed in a manner the Company believes is most beneficial to the interests of shareholders over the long-term, which at this time is reinvesting in the core tech