Taleo Acquires Worldwide Compensation

Unique product suite, deep domain experience and global capabilities created by this acquisition further differentiate the global market leader in Talent Management solutions.

On January 1, 2010, Taleo completed its acquisition of Worldwide Compensation. With the acquisition, Taleo will cement its offering of the three critical components for managing a talent-optimized organization: Taleo Recruiting™ to source, assess and acquire employees; Taleo Performance™ to establish goals, create career and succession plans; and now Taleo Compensation™ to establish a true "pay-for-performance" process between corporate objectives and individuals' contributions.

The acquisition represents a significant milestone in Taleo's evolution as the leading provider of Talent Management solutions and one of the largest Software-as-a-Service (SaaS) vendors in the world, serving 48 of the Fortune 100 and more than 4,200 businesses worldwide.

The combined company will continue to benefit customers by providing the industry's strongest global footprint, world-class technology infrastructure and scalability, streamlined implementation and customer support, highly concentrated thought-leadership based on broader and deeper experience, and significant buying convenience.

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