The acquisition frenzy in the enterprise software market continues. The announced acquisition of Taleo by Oracle will remove the independence of another successful cloud-based software company. Publicly traded Taleo (NASDAQ: TLEO) provides talent management applications on a rental cloud computing basis. Acquiring Taleo, which by all accounts has done a good job of growing the recruiting and applicant sourcing software business in a scalable cloud environment, was too good for Oracle to pass up. SAP’s much costlier acquisition of SuccessFactors, which I assessed clearly placed more pressure on Oracle to do something rather than nothing.
Topics: Business Analytics, Business Collaboration, Business Mobility, Business Performance, Cloud Computing, Compensation, Financial Performance, HRMS, Human Capital Management, LMS, Mobility, Operational Performance, Oracle, Oracle Fusion HCM, Peoplefluent, Recruiting, SAP, SumTotal Systems, Talent Management, Taleo, Workday, Workforce Analytics, Workforce Performance