Oracle said overnight that it was acquiring Taleo, an on-demand talent management software company, for US$1.9 billion. That price works out to US$46 a share. Taleo closed at US$38.94 on Wednesday.
Forbes contributors publish independent expert analyses and insights. I analyze corporate HR, talent management and leadership. For more than 35 years Oracle has been a player in the software market.
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(Reuters) - Oracle Corp agreed to buy Taleo Corp, a maker of Web-based software for recruiting employees, for about $1.9 billion, as technology giants battle for the top spot in the fast-growing cloud ...