SuccessFactors acquiring Jobs2web days after SAP deal

The move comes shortly after SAP announced it would buy SuccessFactors for US$3.4 billion

Cloud-based human resources software vendor SuccessFactors said Tuesday it is acquiring Jobs2web for US$110 million, just days after SAP announced it would buy SuccessFactors in a $3.4 billion deal.

Job2web makes on-demand recruitment marketing software that can "attract the very best candidates through social networks," such as Facebook, Google+, LinkedIn and Twitter, SuccessFactors said. It will complement SuccessFactors own recruitment applications. The company's customers include Merck, 3M and Pepsico.

SuccessFactors was attracted to Jobs2web for its "incredibly fast" growth rate and strong analytics capabilities, CEO Lars Dalgaard said in a statement. SAP executives have in turn made similar remarks about SuccessFactors. Dalgaard has also been tapped to lead SAP's overall cloud software strategy.

Jobs2web will become a division of SuccessFactors, and its software will be available as stand-alone products as well as "deeply integrated" with SuccessFactors, according to a statement. The acquisition is expected to close this month.

Past acquisitions by SuccessFactors include collaboration vendor Cubetree and Plateau, maker of learning management software. Those deals as well as rapidly rising revenues have made SuccessFactors one of the industry's largest pure SaaS (software as a service) vendors after Salesforce.com.

SAP had been building out an on-demand strategy of its own for several years, but buying SuccessFactors will give that effort a needed "adrenaline shot," SAP co-CEO Bill McDermott said in a recent interview.

Meanwhile, some observers expect SAP's decision to buy SuccessFactors will trigger a run of acquisitions of its peers, which include Taleo, Kenexa and Saba Software.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is Chris_Kanaracus@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags cloud computingMergers and acquisitionsinternetLinkedInbusiness issuesGoogletwittersoftwareSAPSuccessFactorsInternet-based applications and servicesBill McDermottLars DalgaardSaba SoftwareKenexaTaleoWeb2go

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

Logitech Ultimate Ears Wonderboom Bluetooth Speaker

Learn more >

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?