The Truth’s Valley

Shally celebrates Arbita merger with dance

Congrats to Don and Shally…

<a href="http://www.funnyordie.com/videos/7b520a5f51">best gain caper off</a> on <a href="http://www.funnyordie.com">funnyordie.com</a>

Taleo acquires Vurv

Since getting started in this industry over 10 years ago, I’ve been amazed by the never-ending stream of companies trying to build better mousetraps in the Talent Management (aka Applicant Tracking) space.

Enchanted kingdom

I understand why it’s a tempting niche - customers routinely report that they are unhappy with their existing software and want better alternatives, but somehow the profits never seem to arrive for most. Industry watchers have been predicting consolidation for years.

Today, Taleo (profile; site) announced that they acquired Vurv Technology(profile; site) for $128.8 million in cash & stock. The deal combines two of the strongest players in the space, so the consolidation is finally underway - at least among the major players.

For the record, Jason Corsello called this last week. Corsello: 1, Anonymous cowards in the comments: 0.

Related posts: Solarfun, Wien prater, Glider forum, Wphg, Dasavatharam audio release

This entry was posted on Friday, May 30th, 2008 at 6:40 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.