Oracle Picks SelectMinds to Beef Up Its Headhunting Game
Enterprise giant Oracle announced Monday that it will acquire SelectMinds, a social networking company that has found its niche with corporate recruiters. It’s another deal in step with a string of 2012 acquisitions for Oracle, a company that has never been afraid to acquire outside talent and technology. Along the same lines, Oracle closed a nearly $2 billion deal to acquire Taleo — another company focused on the business of headhunting — in February. Terms of the SelectMinds deal were not disclosed.