Thursday, February 9, 2012

Oracle Acquires Taleo for $1.9 Billion

Media_httpallthingsdc_fpdaf

Another day, another deal in the cloud software space. Today, software giant Oracle stepped up to acquire Taleo, the cloud-based human resources software concern, for $46 a share, or $1.9 billion. The price works out to an 18 percent premium on Taleo, based on its closing price on Wednesday.

Posted via email from Inspiration

No comments:

Post a Comment