Taleo annonce l’acquisition de Cytiva

Taleo annonce l’acquisition de la société Cytiva, éditeur de solutions de recrutement en SaaS pour le marché des petites et moyennes entreprises, pour un montant d’environ 11 millions de dollars canadiens.

Avec ce rachat, Taleo renforce sa position sur le marché des PME et réaffirme sa volonté d’apporter à ce segment une suite de solutions de gestion des talents adaptée à leurs spécificités.

Pour plus d’informations, vous trouverez ci-dessous le communiqué de presse diffusé hier (en anglais), ainsi qu’à cette adresse : http://ir.taleo.com/releasedetail.cfm?ReleaseID=546638.
Taleo to Acquire Cytiva

Extends Leadership and Increases Market Share in the SMB Market

DUBLIN, CA — (MARKET WIRE) — 02/01/11 — Taleo Corporation (NASDAQ: TLEO), the leading provider of on-demand talent management solutions, today announced it has signed a definitive agreement to acquire Cytiva (TSX-V: CRX), a leading mid-market provider of on-demand recruiting software solutions, for approximately $11 million Canadian dollars in cash.

This acquisition solidifies Taleo’s leadership position in talent management for small and medium-sized businesses, and will extend Taleo’s customer base that will benefit from Taleo’s unified talent management platform. The acquisition continues Taleo’s commitment to offer SMB customers a fully optimized talent management suite to meet the unique needs of this market.

Cytiva software is used by more than 250 companies throughout North America including Restoration Hardware, Ocean Spray and Mediacom. Cytiva has been recognized by Bersin and Associates for its candidate and hiring manager user experience.

"We are excited about the opportunity to continue providing Cytiva’s customers with a high level of service and support while bringing them the advantages of Taleo’s full suite of recruiting, performance, succession, compensation, and learning capabilities," said Michael Gregoire, Chairman and CEO of Taleo. "Through our experienced, dedicated integration team we will ensure that our new customers’ needs are heard and addressed as they leverage all of Taleo’s capabilities to better know their people and drive business results."

The acquisition is subject to customary closing conditions, including regulatory approval, and is expected to be completed early in Q2, 2011.