Taleo, a provider of on-demand talent management solutions, has announced the completion of its acquisition of Vurv Technology, a Jacksonville-based company also specializing in talent management software.
“The addition of Vurv’s employees, products and domain expertise will enable us to enhance our solutions for customers, increase efficiencies and significantly expand our opportunities for growth,” said Michael Gregoire, Chairman and CEO of Taleo. “This acquisition reinforces our leadership position and commitment to delivering continued innovation to our growing customer base. The combined power of Taleo and Vurv will allow customers to better leverage the benefits of a unified talent management platform, providing a cohesive view of recruiting, performance, succession, and compensation to drive improved business results.
Taleo first announced it was acquiring Vurv on May 6. The completion of the acquisition comes after Vurv laid off 79 employees mid-June.
The combined companies serve over 3,400 customers around the world, including 48 of the Fortune 100, and more than 2,800 small and medium-sized businesses.
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