Notable Merger and Acquisition of the Day 2/09: [(ORCL)/(TLEO)]

Written by admin | No Comments
Last Updated: February 9th, 2012
- Oracle (NASDAQ: ORCL) today announced that it has entered into an agreement to acquire Taleo Corporation (NASDAQ: TLEO), a leading provider of cloud-based talent management for $46.00 per share or approximately $1.9 billion, net of Taleo’s cash and debt. Taleo’s Talent Management Cloud helps organizations attract, develop, motivate and retain human capital to improve performance and drive growth.
  
  Together, Oracle and Taleo expect to create a comprehensive cloud offering for organizations to manage their Human Resource operations and employee careers. The combination is expected to empower employees and managers to effectively manage careers throughout their entire employment, enable organizations to retain

Leave a Comment