Recruit Co. Ltd., a Japan-based HR services and consumer internet firm has acquired the job search site leader, Indeed.com.  Indeed will continue to be led by its current management team and operate as an independent subsidiary of Recruit.

Indeed launched 8 years ago, and in that time became the #1 job search site with 80 million unique visitors per month.  The company also grew to 550 employees, built a recruitment ad network with over 25,000 advertisers, and is now available in over 50 countries and 26 languages.

Indeed benefits from Recruit’s leadership position in Asia and with $10 billion in current annual revenue, Recruit gains a top job site globally.

For additional details, here is the press release from Indeed.