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Oracle Completes Acquisition of Taleo


Published on 2012-04-11 15:35:44 - Market Wire
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April 11, 2012 18:30 ET

Oracle Completes Acquisition of Taleo

Adds Leading Talent Management Cloud Capabilities to Drive Exceptional Organizational Performance

REDWOOD SHORES, CA--(Marketwire - Apr 11, 2012) - Oracle (NASDAQ: [ ORCL ])

News Facts

  • Companies need to enable their organizations to attract, develop, motivate and retain talent to improve company performance, drive growth and remain competitive.
  • Taleo's leading cloud-based offerings support the talent management and recruiting efforts of some of the world's largest and most demanding companies, provide insight into how people strategies impact their businesses, deliver intuitive ease of use, scalability, and uptime, and will be a key component of the Oracle Public Cloud.
  • The combination of Oracle's leading Fusion HCM products and Taleo's Talent Management offerings are expected to create a comprehensive Cloud offering for organizations to find and develop the best people; align, promote and reward them; deliver intelligent analysis, and social and mobile capabilities to enable managers to make the right decisions quickly and effectively.
  • Mark Hurd will be joined by Oracle and Taleo executives to provide more details on the product strategy for the combined Oracle and Taleo offering during a webcast presentation on April 26 at 9:00am PT.
  • More information on this announcement and the webcast can be found at [ http://www.oracle.com/taleo ]

Supporting Resources

This document is for information purposes only and may not be incorporated into a contract.

About Oracle
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