Taleo Corporation is a provider on-demand talent management software solutions. The Company offers recruiting, performance management, internal mobility and other software solutions. Taleo Corporation delivers its solutions on-demand as a hosted service that is accessed through an Internet connection and a standard Web browser. Its solution delivery model, also called software-as-a-service (SaaS), eliminates the need for its customers to install and maintain hardware and software in order to use its solutions. As of December 31, 2008, its customer base included over 4,000 customers worldwide. Its customer base ranges in size from large, global organizations, including 48 of the Fortune 100 and 136 of the Fortune 500, to small, private companies. The Company offers two suites of talent management solutions: Taleo Enterprise Edition and Taleo Business Edition. On July 1, 2008, the Company acquired Vurv Technology, Inc., which is a provider of on-demand talent management software.