Sep 18, 2012

Oracle puts its money in the #socialrecruiting ring

Image representing SelectMinds as depicted in ...
Image via CrunchBase
Image representing Oracle Corporation as depic...
Image via CrunchBase
So after the Taleo ATS acquisition Oracle has now acquired SelectMinds, a cloud based social networking company used by recruiters.

“Recruiting candidates through employee referrals is widely acknowledged as the most effective method to find talent through trusted contacts,” Oracle executive vice president Thomas Kurian said in a release. “Making recruiting efforts efficient and seamless by leveraging social connections and through mobile applications helps companies find better quality candidates and continue to build the pipeline for future talent.”

Taleo has some social recruiting feature with Linkedin and it would really get bolstered by SelectMinds' acquisition which adds the ability for social job distribution, creating talent communities and Facebook pages. 
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