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SuccessFactors acquires Jobs2web for $110 million

By | December 6, 2011, 6:23am PST

Summary: SuccessFactors plans to integrate Jobs2web in its business execution software.

SuccessFactors, which was just acquired by SAP, is making an acquisition of its own with the purchase of Jobs2web for $110 million. .

The company said Tuesday that it will acquire Jobs2web, which is an on-demand recruiting platform. Jobs2web is a software as a service outfit focused on boosting applicant tracking systems via social networks.

Job2web counts 3M, Merck, PepsiCo and Rackspace as customers. The service uses channels ranging from Bing to Facebook to LinkedIn and Twitter. SuccessFactors plans to integrate Jobs2web in its business execution software.

SuccessFactors said there was a “competitive acquisition fight” for Jobs2web, which brings 150 new customers to SuccessFactors. Jobs2web will be a unit inside of SuccessFactors.

More:

SAP and SuccessFactors: All about Workday?

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Topics

SuccessFactors Inc., Jobs2web, Mergers & Acquisitions, Managed Hosting, Corporate Law, Recruitment & Staffing, Cloud Computing, Software As A Service (SaaS), Converged Infrastructure, Workforce Management, Investment, Finance, Business Operations, Human Resources, Emerging Technologies, Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.

Disclosure

Larry Dignan

Larry Dignan has nothing to disclose. He doesn’t hold investments in the technology companies he covers.

Biography

Larry Dignan

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CNET News.com. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism and the University of Delaware.

For daily updates, follow Larry on Twitter.

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