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Dice.com

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Dice.com
Type of site
Job search engine, review site
Traded asNYSEDHX
HeadquartersNew York, NY, U.S.
OwnerDHI Group, Inc.
Key peopleArt Zeile, president and chief executive officer, DHI Group, Inc.[1]
IndustryInternet
ServicesCareer website
URLwww.dice.com
Current statusActive

Dice.com is a career website based in New York City with primary sales and development operations in Urbandale, Iowa and Denver. It serves information technology and engineering professionals,[2] as well as contract and permanent engineering staffing firms. Dice.com is owned by DHI Group, Inc. (NYSEDHX).[3][4][5] Dice.com typically has approximately 80,000 tech job listings. The website claims to have 3 million registered technology professionals and approximately 2.4 million unique visitors each month.[6][7] Of those registered users, 75% have a bachelor's degree or higher and 65% have 10 or more years of experience in their field.[6]

In June 2009, Dice.com advertised 48,000 jobs.[8] In 2014, Dice.com advertised 80,000 positions daily.[9]

History

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Founded in 1990 by Lloyd Linn and Diane Rickert, two former contractors, Dice.com had 175 employees by April 2001.[10][11] Today, DHI Group, Inc. has 500+ employees worldwide.

Chris Benner, in his 2002 book Work in the new economy: flexible labor markets in Silicon Valley, called Dice.com "[t]he most prominent site in the Silicon Valley high-tech recruiting industry".[11] Dice is an acronym for "Data-processing Independent Consultant's Exchange". In the book, Benner says "the dice imagery actually captures fairly well the type of high-rolling lifestyle that high-end contractors aspire to."[11]

Dice was originally a bulletin board service where recruiters would list open jobs.[11] Dice began operations in the San Francisco Bay Area in 1990. In 1994, the founders moved Dice's headquarters to Des Moines, Iowa. They then launched the URL www.dice.com in 1996. In 1999, Dice opened the career website to direct hiring companies while continuing to serve the recruiting and staffing industry. In February of the same year, it was acquired by EarthWeb.[11]

In 2001, the parent company, Earthweb, changed its name to Dice Inc.[12] In October that same year, Dice.com moved operations to Urbandale, Iowa. In February 2003, Dice Inc. filed for bankruptcy under Chapter 11 to recapitalize, the reason behind was that "EarthWeb had issued a large amount of debt in 2000 that resulted in an unstable corporate structure."[13] By the end of June 2003, Dice came out of bankruptcy eliminating a $69.4 million debt, and re-emerged as a private entity.[13] In 2005, Dice Inc. was acquired by Dice Holdings, Inc. which is owned equally by private equity firms General Atlantic LLC and Quadrangle Group LLC.[citation needed]

In 2007, Dice Holdings completed an initial public offering and its stock began trading on the New York Stock Exchange under the ticker symbol DHX.[4]

In 2015, parent company Dice Holdings changed its name to DHI Group, Inc.[3]

In mid-2017 following an attempt at selling the company to private investors, it was announced that most of the brands were being marketed for sale so the company can focus on growing the technology recruiting focus of Dice, ClearanceJobs and EFinancialCareers.[citation needed]

Acquisitions by DHI Group, Inc

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  • ClearanceJobs.com – 2004. A career website, as well as Targeted Job Fairs (targetedjobfairs.com).[14]
  • Efinancialcareers.com – 2006.[15]
  • AllHealthcareJobs.com - June 2009.[16]
  • FINS.com - June 2012.[17] FINS.com now redirects to efinancialcareers.com.
  • Slashdot, SourceForge, and Freecode from Geeknet, forming Slashdot Media – September 2012.[18][19] (Slashdot Media was sold to BIZX, LLC in January 2016.[20])
  • The IT Job Board (TheITJobBoard.co.uk) - August 2013. A business which includes numerous European websites and a targeted marketing business, IT Media.[18]
  • getTalent – October 2013. A recruiting startup.[21]

See also

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References

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  1. ^ "Our company". DHI Group Inc. Retrieved 1 April 2018.
  2. ^ Levinson, Meredith (2008-11-25). "Current IT Job Losses Won't Mirror 2001 Nightmare". PC World. Archived from the original on 2009-04-12. Retrieved 2010-03-04.
  3. ^ a b "Dice Holdings, Inc. Changes Its Name to DHI Group, Inc". 21 April 2015. Archived from the original on 2016-03-06. Retrieved 5 August 2017 – via PR Newswire.
  4. ^ a b "Dice Holdings quarterly profit falls; gives Q3, Q4 view". Reuters. 2007-08-15. Archived from the original on 2013-02-01. Retrieved 2010-03-04.
  5. ^ "Dice Holdings 4Q Tops Estimates; Shares Jump". Associated Press. 2010-02-02. Archived from the original on 2010-08-03. Retrieved 2010-03-04.
  6. ^ a b "Why Use Dice". Dice.com. 2010. Retrieved 2010-03-21.
  7. ^ Gardyasz, Joe (2008-07-19). "From jobs board to professional community". BusinessRecord. Retrieved 2010-03-21.
  8. ^ Thibodeau, Patrick (2009-06-08). "White House plan to create 600K jobs in 100 days won't help tech". Computerworld. Retrieved 2010-03-21.
  9. ^ Krill, Paul (2014-09-19). "Wanted: Puppet, Python, hottest of the red-hot tech skills". InfoWorld. Archived from the original on 2014-11-11. Retrieved 2014-11-11.
  10. ^ Crane, Joyce Pellino (2004-03-25). "Local recruiter sees bright spots in high-tech job market: Dice.com works around the globe". Boston Globe. Archived from the original on 2011-06-04. Retrieved 2010-03-04.
  11. ^ a b c d e Benner, Chris (2002). Work in the new economy: flexible labor markets in Silicon Valley. Malden, MA: Wiley-Blackwell. pp. 120–121. ISBN 0-631-23250-8. Retrieved 2010-03-04.
  12. ^ Silverstein, Barry (2002). Business to business Internet marketing: seven proven strategies for increasing profits through Internet direct marketing. Gulf Breeze, FL: Maximum Press. p. 233. ISBN 1-885068-72-7. Retrieved 2010-03-04.
  13. ^ a b Pasiuk, Laurie (2006). Vault Guide to the Top Internet Industry Employers. Vault Inc. p. 78. ISBN 1581313845.
  14. ^ "Acquisitions". diceholdingsinc.com. Retrieved 14 February 2015.
  15. ^ "Dice Completes Acquisition of eFinancialGroup" (PDF). corporate-ir.net. 1 November 2006. Retrieved 14 February 2015. eFinancialGroup is the parent company of eFinancialCareers.com
  16. ^ "Dice Acquires Healthcare Job Board".
  17. ^ Marco Santana. "Urbandale's Dice Holding buys Dow Jones' finance, tech job board". desmoinesregister.com. Archived from the original on 15 February 2015. Retrieved 14 February 2015.
  18. ^ a b Timothy Lord (2012-09-18). "Dice Buys Geeknet's Media Business, Including Slashdot, In $20M Deal". Retrieved 2012-09-18.
  19. ^ "Press release". 2012-09-18. Archived from the original on 2012-09-20. Retrieved 2012-09-18.
  20. ^ "Slashdot Media Acquired by BIZX for Undisclosed Price". San Diego Business Journal. Retrieved 2016-02-04.
  21. ^ "Job Site Dice Acquires Recruiting Startup getTalent".
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