hr software

What Will The Taleo Purchase Bring To Oracle? On 9 February 2012, Oracle announced its purchase of human resources management software maker Taleo Corp. for $1.9 billion. Taleo’s cloud-based talent management solutions optimize how organizations hire, manage, develop and motivate employees to improve performance and drive growth. The $1.9 billion price values Taleo at $46 a share, an 18% premium to the company’s closing stock price of $38.94 the day before. Even for a company as large as Oracle, this represents a significant amount of money. So, what will this acquisition bring to Larry Ellison and company? First of all,

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