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Taleo to Acquire Jobpartners

June 22, 2011

Taleo Corp. (NASD: TLEO), a Dublin, Calif.-based provider of human resources software, Tuesday announced it signed a definitive agreement to acquire Jobpartners, a London-based software firm, for approximately $38 million.

Jobpartners has offices in Germany, France, the Netherlands, Spain, Poland and the United States. Taleo’s acquisition of Jobpartners doubles its European customer base and more than doubles the size of its software as a service team of professionals in Europe.

“This acquisition creates an opportunity for us to accelerate our expansion outside of North America by increasing our customer base, increasing our local sales and support capacity as well as taking advantage of the Jobpartners Eastern European development center,” said Michael Gregoire, chairman and CEO of Taleo.