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September 18, 2012 02:14 am GMT

Oracle Buys SelectMinds For Using Facebook And Social Networks To Recruit Employees

oraclelogoOracle has acquired SelectMinds,a provider of cloud-based, social talent sourcing apps that allow companies to use social networks such as Facebook to recruit employees.Terms of the deal were not disclosed.It is Oracle's year for buying companies in thehuman capital management market (HCM). Earlier this year it acquired Taleo for $1.92 billion.Taleossolutionshelp customers attract, motivate, and retain employees.

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