Oracle’s Taleo Acquisition a Major Move into Cloud Services

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Analysis: Oracle has been building for more than four years to start acquiring top-notch cloud service providers like Taleo. – Oracle‘s Feb. 9 acquisition of enterprise talent management provider Taleo Corp. for $1.9 billion is a clear indicator of the all-purpose IT giant’s commitment to becoming a major-league player in the enterprise cloud services business.

For $46 per share, Oracle is now the proud owner of the worl…
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