Oracle to pay $1.9B for Taleo, extends SAP rivalry
NEW YORK (AP) — Oracle Corp. is escalating its rivalry with German business-software maker SAP AG with a $1.9 billion purchase of Taleo Corp., a company that helps businesses hire and manage their employees.
The proposed purchase announced Thursday extends Oracle's offerings in a growing arena of computing known as the cloud. With such an approach, businesses don't run software and services in-house. Instead, th...
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