In another significant move at consolidation of the HR Technology space - Taleo announced three days back that it had entered into an agreement with Oracle to be acquired by the latter. Leaving the 'cloud' argument aside, what excites me most about this acquisition is that the Oracle HCM suites will now have a leading ATS to offer their clients. Over the last few years I have seen customers sideline the entire PeopleSoft e-recruitment module and opting to implement a specialized recruitment software like Taleo or SuccessFactors. The Oracle HCM solution offering will surely be more comprehensive by this acquisition and that is indeed good news for all Oracle HCM customers!
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