Thursday, September 2, 2010

Taleo Buys Learn.com

Dublin, California-based Taleo, a developer of talent management, compensation, and performance management software, said late Wednesday evening that it has acquired Learn.com, a provider of SaaS learning management solutions. The deal was worth approximately $125M in cash. Taleo said that Learn.com's software as a service helps businesses to more seamlessly develop, deliver and manage education and training. Taleo was advised by J.P. Morgan Securities and Wilson Sonsini Goodrich & Rosati in the deal. Learn.com was based in Sunrise, Florida, and had around 200 employees.