Interesting news this morning comes in the form of an acquisition by Oracle. Here is the press release from Taleo regarding being purchased by Oracle. eLearning plays a big role in the management of corporate talent and Taleo offers eLearning delivery as part of their cloud package. Here's a piece from the release:
The big news here is that Oracle rival SAP recently acquired SuccessFactors which is a rival of Taleo. So the race to round out cloud services is still running.
More articles on the topic:
Reuters - Oracle buys Taleo for $1.9biln: Cloud War Brews
MarketWatch - Oracle buys Taleo for $1.9biln
GIGAOM - Oracle buys Taleo in a $1.9bil Response to SAP
ZDNet - Oracle buys Taleo for $1.9bil; SaaS Consolidation Ramps
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