Xing has acquired leading Turkish business networking site Cember.net.
Cember.net is said to be the biggest business networking site in Turkey with over 280,000 members. The site is ranked at 117 in Turkey according to Alexa.
Xing said it would use the acquisition to strength its penetration into Turkey, “one of Europe’s fastest growing economies.” Çağlar Erol and Nihan Colak Erol, the founders of Cember.net, will stay on with Xing to support the Turkish-speaking Xing community with a small team based in Istanbul.
The price of the acquisition was not disclosed.