Company:Taleo

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Taleo Corporation
TypeSubsidiary
IndustrySoftware
SuccessorOracle
Founded1996; 30 years ago (1996) in Quebec City, Canada
DefunctFebruary 9, 2012; 14 years ago (2012-02-09)
HeadquartersDublin, California,
U.S.
Key people
Michael Gregoire (chairman and CEO)
Neil Hudspith (Chief Customer Officer)
Jason Blessing (EVP Products & Technology)
Heidi Melin (Chief Marketing Officer)
Doug Jeffries (CFO)
ProductsHuman-resources software
Websitewww.taleo.com

Taleo Corporation was a publicly traded database vendor based in Dublin, California, which was acquired by Oracle in 2012.[1] Taleo's product offerings primarily focus on talent acquisition (recruitment), performance management, learning and development, and compensation management. These capabilities combine to provide what Taleo calls "Talent Intelligence" — an enhanced level of insight into candidates and employees.[2] Taleo sells its Human resource management system (HRMS / HRIS) products entirely via a software-as-a-service (SaaS) model, in which all software and information resides in data centers operated and secured by Taleo.[3]

On February 9, 2012, Oracle Corporation acquired Taleo Corporation for $1.9 billion.[4]

Oracle Corporation continues to use the Taleo software name for its talent-management software suite. As of December 2013, Taleo software had over 20 million users.[5]

History

Viasite was later renamed Recruitsoft, Inc. In 1999, Recruitsoft registered as a Delaware corporation with headquarters in San Francisco, California, and launched Recruiter WebTop, an online hiring management system.[6] Global expansion followed, and by 2001 the company had secured customer relationships with large enterprises including Hewlett Packard, Dow Chemical, Agilent, Hasbro, American Airlines, United Airlines, Deloitte&Touche, Bombardier Aerospace and Transportation, MetLife, Cabletron Systems, and Sutter Health.[7]

Recruitsoft, Inc. changed its name to Taleo Corporation in March 2004.[6] As the talent-management market matured, Taleo added products and capabilities, integrating recruiting with performance management in 2008,[8] adding compensation management in 2009,[9] and including learning and talent development in 2010.[10] As of 2010, Taleo made solutions available in 187 countries and in 31 languages.[1]

In August 2011, Taleo reported it had more than 5,000 customers ranging from small and medium-sized businesses (SMBs) to large global enterprises, including nearly half of the Fortune 100.[11]

R&D

Taleo operated R&D facilities in Quebec City, Canada; Kraków, Poland; and Jacksonville, Fla., with additional development staff in its Dublin, Calif., headquarters and other locations.[1] Taleo's fiscal 2010 R&D investment was approximately $41 million. Jason Blessing was Taleo's Executive Vice President of Products & Technology.[12]

Acquisitions

In addition to its own R&D efforts, Taleo expanded its product offerings through the acquisition of third-party solutions, talent and intellectual property:

  • October 2003, White Amber
    • added contingent workforce management to the Taleo Enterprise platform[13][14][15]
  • April 2005, Recruitforce.com
    • became the foundation of Taleo Business Edition[16]
  • March 2007, JOBFlash
    • integrated IVR, interview, scheduling, and high-volume hourly hiring capabilities into Taleo Enterprise; created a complementary offering to Taleo Business Edition
  • July 2007, WetFeet Inc.
  • July 2008, Vurv Technology
    • broadened Taleo's unified talent-management and Applicant tracking system (ATS) capabilities
  • January 2010, Worldwide Compensation
    • compensation management software, consulting services and domain expertise
  • September 2010, Learn.com
    • SaaS Learning Management System and industry expertise in corporate learning
  • April 2011, Cytiva
    • customers of Cytiva recruiting management solution transitioned to Taleo Recruit™ for SMBs or to Taleo Recruiting™ for enterprises
  • July 2011, Jobpartners
    • customers of Jobpartners' talent-management solution transitioned to Taleo Business Edition or to Taleo Enterprise

Products and services

Taleo Corp operated a professional services organization that performed integration, implementation and performance optimization services worldwide.[17][18]

See also

References

  1. ↑ 1.0 1.1 1.2 ""Taleo Annual Report 2010"". http://files.shareholder.com/downloads/TLEO/1329427003x0x459548/273F143F-1B02-46FB-BC70-C9E97DF5F558/2010-Annual-Report.pdf. 
  2. ↑ "Taleo Company Overview"
  3. ↑ "Taleo Talent Management Cloud: Infrastructure Overview"
  4. ↑ Larry Dignan (February 9, 2012). "Oracle buys Taleo for $1.9 billion; SaaS consolidation ramps". ZDNet. http://www.zdnet.com/blog/btl/oracle-buys-taleo-for-19-billion-saas-consolidation-ramps/69072. Retrieved February 9, 2012. 
  5. ↑ "Best Talent Management Software 2020 | Reviews of the Most Popular Tools & Systems". Capterra.com. December 23, 2019. http://www.capterra.com/infographics/top-talent-management-software. Retrieved October 27, 2020. 
  6. ↑ 6.0 6.1 "Taleo Corporation SEC Filing From 10-12G, May 2, 2005". Finance.boston.com. http://finance.boston.com/boston/action/getedgarwindow?accesscode=89161805000313. Retrieved October 27, 2020. 
  7. ↑ "RecruiterWebTop Version 4.0 Expands Global Capabilities for Recruitsoft Clients Worldwide"
  8. ↑ "Taleo Unveils Performance Management Solution for Small and Medium Sized Business"
  9. ↑ "Taleo Delivers Compensation Management for Small and Medium Businesses"
  10. ↑ "Taleo Acquires Learn.com"
  11. ↑ "Taleo's Momentum with Enterprises and SMBs Keeps Building"
  12. ↑ Dignan, Larry; Larry Dignan (2012-02-09). Oracle buys Taleo for $1.9 billion; SaaS consolidation ramps. ZDNet. https://executive-tuition-thamrin.kpt.co.id/IT/127-2/Taleo_15211_executive-tuition-thamrin-kpt.html. 
  13. ↑ "Taleo Corporation SEC Form 10". https://www.sec.gov/Archives/edgar/data/1134203/000089161805000313/f08478e10v12g.htm. 
  14. ↑ "Taleo Corporation SEC Form S-1". January 28, 2005. https://www.sec.gov/Archives/edgar/data/1134203/000095013405001598/f97189a3sv1za.htm. 
  15. ↑ "Recruitsoft Acquires White Amber to Create Recruitsoft Workforce OnDemand". ProQuest. Financial Executive; Morristown Vol. 20, Iss. 1, (Jan/Feb 2004): 13-14. Retrieved November 22, 2024.
  16. ↑ "Acquisition of Recruitforce.com Inc. (Excerpt from Taleo 10-K) filed March 16, 2007". Wikinvest.com. http://www.wikinvest.com/stock/Taleo_%28TLEO%29/Acquisition_Recruitforcecom_Inc. Retrieved October 27, 2020. 
  17. ↑ "Taleo Professional Services Overview"
  18. ↑ Talent Genie



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