Oracle buys Taleo for US$1.9B
Oracle said Thursday that it was acquiring Taleo, an on-demand talent management software company, for US$1.9B. Taleo is a competitor to SuccessFactors, which happened to be acquired by Oracle rival SAP.
February 9, 2012
Oracle to Buy Taleo, Speeding the Shift to the Cloud
By QUENTIN HARDY Oracle’s planned purchase of Taleo is the biggest sign yet of how things are changing because of cloud-based computing technology. The effects will be felt in the workplace, on Wall Street, and not least within Oracle itself. Early Thursday February 9th, Oracle announced that it would pay $1.9 billion for Taleo, a provider of talent
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