Oracle Buys SelectMinds

oralogo-small.gifOracle announced the acquisition of SelectMinds, a company that developed a cloud-based social referral engine. SelectMinds' tool was "designed to leverage the social connections of current and former employees to generate referral applications." The addition of  SelectMinds to Oracle's recruitment and talent management solutions aims to ensure high-quality referrals to organizations interested in benefiting from the social intelligence of their employees. This acquisition confirms, once more, that the social component is no longer optional for major software solutions. It remains to be seen how Oracle will integrate this new solution into its already complicated HCM offer.
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