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Oracle Uses Dewey in $1.9 Billion Taleo Purchase

02/10/12

Oracle Uses Dewey in $1.9 Billion Taleo Purchase


Oracle Uses Dewey in $1.9 Billion Taleo Purchase

Oracle Corporation has used the services of Dewey & LeBoeuf as its lead outside counsel in its purchase of software firm Taleo. Oracle's $1.9 billion deal is said to be necessitated by rival SAP's purchase of a similar firm - SuccessFactors in December 2011.Dewey & LeBoeuf partner Keith Flaum worked on the deal with Oracle's in-house counsel for mergers and acquisition team. The in-house team was led by Brian Higgins and E.B. McCusker.

Oracle has also purchased several other tech firms in the last two years, including RightNow Technologies in October 2011 for $1.5 billion. For that deal, the firm used the services of Latham & Watkins. Taleo used the services of Wilson Sonsini Goodrich & Rosati . The law firm has been advising Taleo ever since it was incorporated in 1999, including in its IPO in 2005.

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