Odesk and Elance to Merge in 2014?

Today I got an email notification that 2 of the biggest online freelance companies in the Internet are merging.

Is this true – of course – the email came from one of them.

For those that are active in the freelance market in the net, this news comes as a shock and has varying reactions.

Having been a member of both communities for the past years, this is also a surprise for me, both sites has their own niche, and actually their own strengths and weaknesses.

Once the merger is completed the company will have a combined global community of more than 8 million freelancers and 2 million businesses in over 180 countries, with an estimated $750 million in billings in 2013.

It is not yet final and finished, since the merger still needs to go through the usual regulatory requirements.

About Elance
Elance is where people Work Differently™. A pioneer in today’s freelance revolution, Elance is a leading marketplace for online work. Today over 800,000 businesses and 3 million freelancers use Elance in 170+ countries. Innovative global enterprises, small businesses and startups tap into the Elance talent pool, building teams from software engineers, application developers and web and graphic designers to copywriters, market researchers, data scientists, social media marketers, customer service agents and other business professionals. More than 1.3 million freelance jobs are posted through Elance annually.

Headquartered in Mountain View, California with offices in Oslo, Norway, Elance is a privately held company. For more information, visit Elance.com and connect with us on LinkedIn and Twitter.

About oDesk
oDesk is a leading online workplace that enables the world’s best talent and the world’s best businesses to work together, regardless of where they happen to be. Over a million businesses are registered on oDesk, and nearly five million freelancers, who offer any type of skill that can be done via the Internet. In 2013, oDesk reached more than $1 billion of work completed cumulatively via its platform. oDesk is a registered trademark of oDesk Corporation.

Headquartered in Redwood City, California, oDesk is a privately held company. For more information, visit oDesk.com and connect with us on LinkedIn and Twitter.

Although both companies have announced that they will still maintain to have 2 sites and continue to serve customers on two separate, complementary platforms at elance.com and odesk.com

Fabio Rosati will serve as chief executive officer of the combined company, and oDesk executive chairman Thomas Layton will continue in the same role of the combined company. Gary Swart will act as a strategic advisor

Read here for more information.

Ron is a happily married man for more than 10 years, the father of 3 boys. Loves to write about places that he visits. And works in the BPO industry.