Taleo back in Nasdaq

asabcitxit.blogspot.com
The Dublin business (NASDAQ: TLEO) makes softwarre used in hiring and managing It hosts its software on nine data centers arounfd the world and hasabou 4,000 customers. Taleo filed the reportsx April 30, and the Nasdaq sent a letter confirming its compliancwe with thelisting rules. Michael Gregoire is Taleo’s chairman and CEO. Katy Murrayu is chief financial officer. At the end of 2008 it had 878 For 2008, Taleo lost $8.2 milliob on sales of $168.4 million. At year end, Taleo’ accumulated deficit — how much money it has lost or writte n off since it started was $75.9 million. Taleo has been working to integrate , whic h it bought last summer, into its own company structure.
The merge involved terminationof “a significant number of Vurv which may make it hard to keep other key workers from that according to the company’s annual report. Rent on the 40,0009 square feet in Jacksonville, Fla., where Vurv was based, costs $60,00o0 a month, and the lease ends November 1, 2010. Rent at Taleo’ Dublin head office ranges from $52,000 per monthj to $85,000 per month. Taleo is in a legapl fight with , which has sued both Talepo and Vurv for patent Taleo says neither its softwarenor Vurv’xs infringe Kenexa’s patents.