Recruiting Fly » talent management software

Kenexa Named to Forbes’ 25 Fastest-Growing Tech Companies

Vanessa Dennis — Mon, 09 Feb 2009 19:23:38 +0000

Kenexa, a provider of software for retention and talent management, has been declared by Forbes as one of the twenty-five fastest growing tech companies in the U.S.

The company came in tenth place. Included in the rankings were companies like Genentech, Salesforce, and Apple. No surprise here that many of these companies also often surface on ‘best places to work’ lists.

Kenexa’s Chief Executive Officer, Rudy Karsan, said, “Kenexa is honored to be recognized by Forbes and to take its place among noteworthy tech companies such as Google and Apple. We’re focused on strong business fundamentals: developing products that deliver value to our customers and creating a world-class company that attracts high-performing employees. We’re particularly gratified to be ranked tenth for our first year on this prestigious listing.”

To make the list, companies must have latest 12-month revenues of $25 million or more, annualized sales gains of at least 10% over the past five years and a profit over the past 12 months. In addition, Forbes requires a Thomson IBES long-term consensus profit-growth forecast of at least 10%, annualized. They also exclude companies with significant legal problems or with possible accounting or corporate governance issues, based on scoring data from Audit Integrity of Los Angeles.

Click here to see the rankings.

Taleo’s Acquisition of Vurv Completed

Vanessa Dennis — Wed, 02 Jul 2008 14:06:48 +0000

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.

Vurv Technology Eliminates 79 Jobs

Vanessa Dennis — Wed, 18 Jun 2008 15:13:46 +0000

Vurv Technology, a Jacksonville-based company that provides talent management software, will cut 79 employees, according to the state Agency for Workforce Innovation.

Vurv was recently acquired by Taleo for 128 million dollars. 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.

Taleo expected the acquisition to close in the second quarter.