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Oracle Buys SelectMinds For Using Facebook And Social Networks To Recruit Employees

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http://techcrunch.com – Oracle has acquired SelectMinds, a provider of cloud-based, social talent sourcing apps that allow companies to use social networks such as Facebook to recruit employees. Terms of the deal were not disclosed. It is Oracle’s year for buying companies in the human capital management market (HCM). Earlier this year it acquired Taleo for $1.92 billion. Taleo’s solutions help customers attract, motivate, and retain employees. SelectMinds gives company recruiters, hiring managers and employees use of their own social networks to recruit people. The acquisition is testament to the deep (IT news)