Oracle Corp. made its second acquisition in three months, agreeing to buy human-resources software company Taleo Corp. (TLEO) for about $1.9 billion to expand in cloud computing and respond to a December deal by SAP AG. (SAP)
Holders of Taleo will get $46 a share, Redwood City, California-based Oracle, the second-largest software company, said today in a statement. That’s 18 percent higher than Taleo’s closing share price yesterday. Taleo gives Oracle tools that help companies manage human resources, recruit employees and set compensation