SuccessFactors acquires Jobs2web for $110 million

Written by Larry Dignan, Contributing Editor

Larry Dignan Contributing Editor

Larry Dignan is the former Editor in Chief of ZDNet.

Full Bio

Posted in Between the Lines on December 5, 2011 | Topic: Cloud

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?

• Enterprise software giants start great cloudify effort
• SAP acquires SuccessFactors for $3.4 billion: Cloud consolidation accelerates
• Phil Wainewright: Can it be third time lucky for SAP?
• Dennis Howlett: SAP acquires SuccessFactors: a first take