oDesk and Elance, the two biggest online market places for freelancers, has joined their hands together to boost the online community of freelancer. However, the two companies will continue to work separately under their respective brand names.
Fabio Rosati, Elance CEO will be the chief executing officer of the newly formed venture, and Gary Swart, oDesk CEO will assume the role of “strategic advisor.”
Announcing the merger on their website blog, oDesk CEO, Gary Swart said, “We think we can do a better job this way. We are both inspired by a similar vision: to deliver online work experiences that create freedom and boundless opportunity for clients and freelancers everywhere.”
According to Elance and oDesk blog people can expect:
● Significant technology investments – This includes tools for more successful hiring, seamless online collaboration, better mobile support and freelancer skills development.
● Higher quality results – With combined expertise in engineering and data science, people will enjoy a host of quality improvements, such as superior job and freelancer recommendations over time.
People can even personally write to the CEOs of both the companies about their likes, dislikes, suggestions and comments about the merge. In order to know more about this deal, people can even visit the Frequently Asked Question section of Elance and oDesk.
According to the oDesk blog, the closing of merge is expected to occur in Q1 2014, is subject to the satisfaction of certain closing conditions. The name of the new company post-merger will be announced after the deal closes. For more information about the merger, here are the oDesk QnAs and Elance FAQs.