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Oracle Buys Taleo for $1.9 Billion, Adds Human-Resource Tool

Oracle Corp. made its second acquisition in three months, agreeing to buy human-resources software company Taleo Corp. for about $1.9 billion to expand in cloud computing and respond to a December deal by SAP AG.

Holders of Taleo will get $46 a share, Redwood City, California-based Oracle, the second-largest software company, said today in a statement. That’s 18 percent higher than Taleo’s closing share price yesterday.