Gigaom

Oracle(s orcl) is buying Taleo (s tleo), a “cloud-based talent management” company for $1.9 billion or $46 a share.  Oracle said Taleo’s SaaS services will become part of the Oracle public cloud.   Taleo could bring both more cloud credibility and more vertical expertise to Oracle’s broadening applications portfolio.

The news comes two months after SAP(s sap), Oracle’s chief rival in enterprise applications, snapped up SuccessFactors, a SaaS-based talent management (aka human resources management) company just down the road from Oracle’ s Redwood Shores, Calif. headquarters, for $3.4 billion. At that time, many wondered why Oracle hadn’t struck first.

Both Taleo and SuccessFactors deals are further proof that these legacy enterprise software players see the need to beef up both their cloud credentials and their vertical industry focus. The SaaS market is booming but the biggest opportunity is seen in applications that attack vertical niches and for which vendors…

View original post 229 more words

Advertisements

About danalgardner

Dana Gardner is president and principal analyst at Interarbor Solutions, an enterprise IT analysis, market research, and consulting firm. Gardner, a leading identifier of software and cloud productivity trends and new IT business growth opportunities, honed his skills and refined his insights as an industry analyst, pundit, and news editor covering the emerging software development and enterprise infrastructure arenas for the last 18 years. Gardner tracks and analyzes a critical set of enterprise software technologies and business development issues: Cloud computing, SOA, business process management, business intelligence, next-generation data centers, and application lifecycle optimization. His specific interests include Enterprise 2.0 and social media, cloud standards and security, as well as integrated marketing technologies and techniques. Gardner is a former senior analyst at Yankee Group and Aberdeen Group, and a former editor-at-large and founding online news editor at InfoWorld. He is a former news editor at IDG News Service, Digital News & Review, and Design News.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s