Monday, July 9, 2012

IT Outsourcing Consolidation: Freelancer.com Buys Scriptlance, Now Numbers 4M Users

freelancerA bit of consolidation in the world of online IT outsourcing: Freelancer.com has bought one of its competitors, Canada's Scriptlance, in an all-cash deal to spearhead its move into the country and expand its global footprint in other new markets. Prior to the acquisition, Scriptlance had been the fifth largest freelance marketplace in the world; adding its 360,000 users to Freelance.com now brings the total number of enterprise and professional users on the main site to 4 million. Freelancer.com says that to date it has seen 2.3 million projects posted on its site covering areas like website design, graphic design, copywriting and SEO. But as the market for outsourcing has grown, and the economy has continued to remain tight, other skillsets have also entered the mix. These include astrophysics, aerospace engineering, biotechnology, manufacturing and industrial design.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jmoHEFRIa_Q/

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