Human resources management software maker SuccessFactors Inc, which has been acquired by SAP AG, said it will purchase privately held peer jobs2web for $110 million in cash, as it ramps up its services. Minneapolis-based jobs2web provides online job marketing and advertising services to employers and helps them sift through potential job applicants via social media websites and search engines."We will be able to double our recruiting business with this buy," SuccessFactors Chief Executive Lars Dalgaard told Reuters.Jobs2web, which helps people find jobs, would complement SuccessFactors' products that process job requisitions and interview processes. It counts 3M, Rackspace Hosting Inc and PepsiCo among its customers.SuccessFactors expects the deal to add to its earnings immediately and does not see it posing any hurdles to the SAP deal.
Rackspace Hosting, Inc. (Rackspace Hosting) operates in the hosting and cloud computing industry. Shares of RAX remained unchanged at $43.34. In the past year, the shares have traded as low as $29.52 and as high as $46.49. On average, 1571930 shares of RAX exchange hands on a given day and today's volume is recorded at 0.
SAP AG (SAP) is engaged in enterprise applications in terms of software and software-related service revenue. Shares of SAP remained unchanged at $58.38. In the past year, the shares have traded as low as $47.39 and as high as $68.39. On average, 1860890 shares of SAP exchange hands on a given day and today's volume is recorded at 3100.
SuccessFactors, Inc. (SuccessFactors) is a provider of cloud-based Business Execution (BizX) software solutions to organizations of all sizes. Shares of SFSF remained unchanged at $39.75. In the past year, the shares have traded as low as $19.46 and as high as $40.44. On average, 1990590 shares of SFSF exchange hands on a given day and today's volume is recorded at 0.
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