Staffing
management software provider Taleo has entered into a $3 million all-cash deal
to acquire JobFlash, a privately held company headquartered in Fremont, California.
The acquisition includes JobFlash’s intellectual property,
technology and customers. The deal enables Dublin, California-based
Taleo to
offer clients interactive voice response and interview
scheduling in languages
besides English via the telephone.
The technology is particularly coveted by employers that deal
with
high volumes of hourly employees from varied cultural backgrounds and
languages. Whole Foods, Ramada Hotel and Casino and Securitas are among
JobFlash’s 60 clients.
The agreement, announced Wednesday, March 7, is expected to
have
minimal fallout as the majority of JobFlash’s sales and service employees
are expected to be retained. Taleo customers are being offered the new
services.
The company is integrating JobFlash’s interactive voice
response and
scheduling products into Taleo Enterprise Edition, which is geared
toward large employers. Smaller clients will have access to the
services via
Taleo Business Edition.
—Gina Ruiz