The Insider's Guide to Next-Generation BPM
09/16/2009
Taleo Corporation (NASDAQ: TLEO), a provider of on-demand talent management solutions, announced it has signed a definitive agreement to acquire strategic partner Worldwide Compensation, Inc. for up to $16 million in cash.
ebizQ received the following:
With this acquisition, Taleo will extend its unified talent management platform solution for enterprises.
In 2008, Taleo made an equity investment in Worldwide Compensation, with an exclusive option to acquire the business. Since then, Taleo and Worldwide Compensation have driven numerous joint customer sales and developed a strong pipeline of interest. In fact, more than one third of Taleo’s Performance Management sales opportunities include interest in a compensation management solution.
Worldwide Compensation’s solutions are in use today with globally distributed companies, including existing Taleo customers such as Con-Way, Children’s Healthcare of Atlanta and Oakley.
Organizations need superior talent to meet their business commitments and to compete successfully in a global economy. Worldwide Compensation offers fully integrated global compensation management via a 100% on-demand software solution that enables companies to more seamlessly align and reward critical talent worldwide. It facilitates the localization of total compensation programs while allowing companies to maintain centralized control over its human resource investments. With the acquisition, Taleo will cement its offering of the three critical components for managing a talent-optimized organization: Taleo Recruiting™ to source, assess and acquire employees; Taleo Performance™ to establish goals, create career and succession plans; and now Compensation to establish a true “pay-for-performance” process between corporate objectives and individuals’ contributions.
“The requirements for compensation—particularly by global enterprises—are complex and leave no room for error,” said Michael Gregoire, Taleo’s Chairman and CEO. “We are pleased to add best-in-class technology, staff and customers from Worldwide Compensation to enable enterprises with a total talent management solution to achieve greater performance.”
"The Taleo partnership has been a great fit for us, our customers and prospects," said John Halloran, CEO and Director of Worldwide Compensation. "This acquisition will marry our synergistic software solutions on one Talent Management platform to ensure maximum return for customers. This is a win-win for the market overall."
The acquisition is subject to customary closing conditions, and is expected to be completed in January 2010.
About Worldwide Compensation, Inc.
Worldwide Compensation helps global companies achieve better business performance by rewarding their critical talent worldwide. WWC offers software solutions for performance driven total compensation for the global workforce. WWC enables global companies including TD Bank to localize compensation while retaining centralized financial control over total compensation investments. The result is that companies are able attract, align, and retain local talent while at the same time maximize their overall total rewards investments.
Smart Case Management: Why It's So Smart.
Data Virtualization: Putting Your Data to Work for Your Cloud, BPM, MDM, and SOA Projects
Live Discussion: Smart SOA Governance-A Look at Successful Case Studies
The Right Way to Do Data Integration for Composite Applications
Pegasystems Makes Rare Deal, Buys Chordiant for $161.5m 
Intel Takes Expressway to SOA, SaaS and Cloud With Sarvega, Conformative Deals
BPM VIEWPOINT: Does Oracle/Sun Mean It's a Horse Race for BPM?
Panorama Software has SaaS BI Ambitions
BI SaaS is Hot (and Fiercely Competitive)
ebizQ is very interested in what you have to say. To contribute an article, an opinion, or to become a blogger, please contact Peter Schooff.
June 3, 2009
One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register
Date:Nov 05, 2009
Time:12:00 PM
ET- (17:00 GMT)
Date:Oct 29, 2009
Time:13:30 PM
ET- (17:30 GMT)
With IBM WebSphere ILOG JRules and IBM WebSphere ILOG Rules for COBOL, you can externalize and manage the business rules in your organization’s COBOL...
Download Now
In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.
Listen Now
Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.
Listen Now
Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.
Listen Now
In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.
Listen Now
Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.
Listen NowSmart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More
A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More
|
|
This new publication from our sister site SearchSOA.com explores workflow, business activity monitoring (BAM) and complex event processing (CEP) issues. |
|
|
Print this article
Email this article
Talk Back!
Write to Editor
