Taleo Acquires Vurv Technology

Unique breadth, scale, experience and global capabilities created by this acquisition produce a market leader in the fastest growing segment of enterprise software.

On July 1, 2008, Taleo completed its acquisition of Vurv Technology, Inc. This acquisition creates the largest company in the talent management software sector and the third largest Software-as-a-Service (SaaS) vendor in the world, serving 48 of the Fortune 100 and more than 2,800 small and medium sized businesses worldwide.

This acquisition will benefit the combined customer base by focusing the industry's leading talent management resources on a single development investment. Two world-class companies have joined forces to create a talent management Dream Team, sharing a unified vision of building the next generation of talent management applications. The combined company will benefit customers by providing the industry's strongest global footprint, improved technology infrastructure and scalability, streamlined implementation and customer support, highly concentrated thought-leadership based on broader and deeper experience, and significant buying convenience.

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