SuccessFactors Buys Jobs2web For $110 Million

SAP AG (ETR:SAP) is in the process of acquiring SuccessFactors, Inc. (NYSE:SFSF). While this is happening, SuccessFactors has been purchasing Jobs2web for $110 million. Jobs2web is an on-demand recruiting platform company. It is a software-as-a-service company that focuses on applicant tracking systems through social networks. Clients include 3M, Merck, Rackspace, and Pepsi. SuccessFactors will be integrating Jobs2web into their business execution software. [ZDNet]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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