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June 21, 2011 03:12 pm GMT

Taleo Acquires Talent Management Software Company Jobpartners For $38M

Taleo, a provider of on-demand talent management solutions, has acquired its European rival Jobpartners for approximately $38 million in cash. The move doubles Taleo's customer base and improves the publicly listed company to better serve its Europe-based clients.More than 350 customers currently use Taleo's cloud-based talent management solutions for recruiting, performance management and learning.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PDI6l-H-j4c/

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