Leo Apotheker, the Hewlett-Packard CEO ousted so publicly last September, pretty much disappeared from view. Until recently. Now he’s been spotted in Menlo Park and was featured on a conference call with Wall Street analyst Rick Sherlund. Could he be plotting a comeback?
Oracle is buying Taleo, a SaaS-based talent management company for $1.9 billion. Oracle said Taleo’s services will become part of the Oracle “public cloud.” Taleo could bring both more cloud credibility and more vertical expertise to Oracle’s broadening applications portfolio.
New research shows that software-as-a-service companies, which have been valued (much) higher than legacy software players, will continue to reap price premiums over the next 12 to 24 months. The numbers come from Martin Wolf’s M&A Advisors’ MW Index.