Oracle buys Cloud social recruitment company Selectminds

According to the U.S. technology blog TechCrunch, Oracle announced in Monday to acquire cloud social talent recruitment application provider Selectminds, the amount of specific transactions has not yet been disclosed.

This year, Oracle's merger in the Human resources management Market, Oracle bought Taleo 1.92 billion dollars at the beginning of the year, and the latter's solution helped companies attract, motivate and retain employees.

Selectminds allows businesses to use social networks such as Facebook to recruit employees. It provides recruiters, hires managers and employees, and employs independent social networks to recruit people. The acquisition also attests to increased market competition, such as SaaS (software as a service) solution that allows customers to send new job listings, links, and status updates to Facebook and Twitter pages.

Through the acquisition, Oracle has the opportunity to further deepen social networking and mobile markets. With Selectminds, customers can convert work announcements into mobile work announcements and view and share them on a smartphone.

Competition in the human resources management market has been highlighted by the workday listing, which has recently submitted an IPO application to finance 400 million of billions of dollars. The message also disrupted Salesforce's Dreamforce General Assembly arrangement, Salesforce will release the Human resources Management Service work.com at the meeting.

Ray Wang, founder of Lei Research and consultancy, said Selectminds had a successful experience with Facebook and that customers chose selectminds because they viewed social constellation as an important strategy. (Compiling/Xiao Yu)

(Responsible editor: The good of the Legacy)