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Cloud Expo: Article

Taleo Buys Learn.com for $125m

Learn.com’s solutions are reportedly in use today at more than 500 global companies
By Maureen O'Gara
Article Rating:
September 5, 2010 03:00 PM EDT
Reads:
 3,071

Taleo, the SaaS-based talent agency that just put ex-Sun CEO Jonathan Schwartz on its board, is buying its SaaS strategic partner Learn.com for $125 million cash to expand its cloud offering, thinking it will be "the world's largest vertical cloud provider."

It says it will make Taleo the only public vendor to offer software across the four critical components of a talent-optimized organization: recruiting, performance management, compensation management and now learning management, a market estimated to be worth $1 billion in 2011 according to Bersin & Associates.

Learn.com's solutions are reportedly in use today at more than 500 global companies and support up to 200,000 users per customer, with about two million end users worldwide. Common customers include outfits like Newell-Rubbermaid.

Published September 5, 2010 – Reads 3,071
Copyright © 2010 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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