Oracle buying Taleo for $US1.9 billion in direct hit at SAP

The move follows SAP's recent move to purchase cloud HCM (human capital management) vendor SuccessFactors

Oracle is buying Cloud-based talent management and employee recruitment software vendor Taleo for roughly $US1.9 billion. The move comes shortly after SAP's move to acquire SuccessFactors, a close competitor of Taleo, for $US3.4 billion in a deal that has yet to close.

"Human capital management has become a strategic initiative for organizations," said Thomas Kurian [cq], executive vice president, Oracle Development, in a statement. "Taleo's industry leading talent management cloud is an important addition to the Oracle Public Cloud."

The Taleo deal is expected to close in the middle of this year and is subject to shareholder approval, Oracle said. Taleo's board has unanimously approved the sale.

It remains to be seen how Taleo's product portfolio will be aligned with Oracle's Fusion HCM (human capital management) software, which is also to be made available as a Cloud offering.

(More to follow).

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!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
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

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?