Breaking News: Taleo Acquires Vurv

As predicted last week, Taleo has announced this morning the definitive agreement to acquire Vurv.  I will write more about the acquisition later but this acquisition immediately changes the game and landscape in talent management.  The acquisition also changes the course of history for Taleo who has typically focused on the combination of organic development and smaller, more incremental acquisitions. 

At the risk of being called “pro-Taleo” (I consider myself pro-customer!) I think its a brilliant move.  We will get to see shareholders opinion on the deal shortly when the stock opens and Taleo shares the news publicly on their earnings call.

May 6th, 2008

7 Comments Add your own

  • 1. Mark Stelzner  |  May 6th, 2008 at 4:37 am

    Well, I’d admit that you guys were right. Now my concern shifts more toward insider trading since you posted that Taleo would benefit in the short-term.

    Clearly Taleo is benefiting, and with your post coming a few days prior to both an earnings release and public disclosure, this may be problematic. Then again maybe I worry too much about full transparency….

  • 2. Peter Gold  |  May 6th, 2008 at 6:10 am

    Mark

    I think you need to get out more. You worry too much :>)

    Peter

  • 3. gregg dourgarian  |  May 6th, 2008 at 7:03 am

    Jason/anyone…why do you say this helps Taleo? What is the point of the acquisition? Is this to reduce costs or are their products so different that they can now address different markets?

    Gregg

  • 4. mandeep  |  May 8th, 2008 at 6:32 am

    Taleo/Vurv will be ideal partners in Talent Managment market, given the the client base Vurv has HSBC/Lehman Bros/Unilever/Accenture to name few.

    The intersting thing to watch will be the status of partners in this deal.

    Both Taleo/Vurv are extremly competitive marketing and product strengths the “syergy to be sought” will be interesting to watch

  • 5. Phil Deys  |  May 13th, 2008 at 11:34 am

    I’m not sure how this expands the offering since both companies offer the same functionality. Seems more like a move to say, “Look, we’re the biggest player so we must be the best.” In the meantime they’ll spend years figuring out how to get all of those customers onto a single platform and/or try to maintain two. Will be interesting to watch how it’s managed.

  • 6. Taleo’s acquisition&hellip  |  May 15th, 2008 at 5:50 am

    […] around the  acquisition of Vurv by Taleo last week. On 6 May, Jason Corsello dubbed it ‘brilliant‘, but delivered a slightly more considered opinion6 days later. Still, Jason spells out […]

  • 7. Rudi De Roeck  |  June 8th, 2008 at 4:49 am

    Consolidation and joining forces are pre-requisites to grow in an immature market place. The immense costs for R&D must be recovered via a large customer base. SaaS players, like any other healthy company, must soon start making profits to attract sufficient working capital. In my view Taleo has made a very sensible move and sets a good example for other major SaaS players. We need strong HR SaaS players to convince more and more HR Leaders of the perfect alternative the offer for the not always successful client/server and in-house web apps.

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