Oracle to buy Taleo for $1.9 billion as cloud war brews
By Jim Finkle and Sayantani Ghosh
(Reuters) – Oracle Corp (ORCL.O: Quote, Profile, Research, Stock Buzz) plans to buy Taleo Corp (TLEO.O: Quote, Profile, Research, Stock Buzz), a maker of Web-based software for recruiting employees, for about $1.9 billion as a war heats up for control over the fast-growing cloud computing market.
It is the latest big investment in cloud computing by Oracle, the world’s No. 2 maker of business management software after Germany’s SAP (SAPG.DE: Quote, Profile, Research, Stock Buzz). While Oracle is behind SAP when it comes to selling traditional software that customers install on their computer systems, its billionaire CEO Larry Ellison has been more aggressive in adding cloud-based software offerings over the past few years.
Oracle to buy Taleo for $1.9 bln; cloud war brews
Feb 9 (Reuters) – Oracle Corp plans to
buy Taleo Corp, a maker of Web-based software for
recruiting employees, for about $1.9 billion as a war heats up
for control over the fast-growing cloud computing market.
It is the latest big investment in cloud computing by
Oracle, the world’s No. 2 maker of business management software
after Germany’s SAP. While Oracle is behind SAP when
it comes to selling traditional software that customers install
on their computer systems, its billionaire CEO Larry Ellison has
been more aggressive in adding cloud-based software offerings
over the past few years.
Kaspersky spokesman says plans to publish earnings in press release on Thursday. Those numbers were from briefing with press in Cancun
Kaspersky 2011 revenue breakdown: mature markets +9%, emerging markets +23%, APAC+Japan +19%, U.S. “a two-digit number” #Symantec #McAfee
Kaspersky Lab sales growth slowed bigtime last year, profit was flat. Should Symantec, McAfee celebrate? #cybersecurity http://t.co/ei0Cn109
.@e_kaspersky says there is no way to defend against cyber weapons
What keeps @e_kaspersky (aka Eugene Kaspersky) up at night? He worries about #cyberwar. Calls for intl cyber security agency to deter threat
Eugene Kaspersky (aka @e_kaspersky ) says young generation will refuse to vote unless it’s over the web, will need “digital passports”
Eugene Kaspersky predicts that hactivists will start working as mercenaries for terrorists. #cybersecurity
Eugene Kaspersky just told reporters his firm estimates cyber crime costs about $100 bln per year (that’s below McAfee’s $1 tln estimate)
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