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    TALEO...coming soon?

    On Wednesday all the details were set finally for the IPO Taleo has been sitting on for some time now.

    On Wednesday all the details were set finally for the IPO Taleo has been sitting on for some time now.

    As for when it may happen, well it´s anybody´s guess but given this is imminent it´s safe to say that by the end of the month (next week perhaps?) we´ll see just how much interest they generate.

    For some perspective, here´s what Kenexa is doing as of today. Click here

    Here´s the summary for Taleo...

    Taleo Corporation, a provider of on demand talent management solutions, has finally set its initial public offering to 6.7 million shares at a price to be between US $14.00 and US $16.00 per share. Taleo first filed its IPO prospectus (Form S-1) with the Securities Exchange Commission (SEC) on March 31, 2004.

    The offering will include a primary offering of 5,360,000 shares of Class A common stock by Taleo and a secondary offering of 1,340,000 shares by certain selling stockholders. The selling stockholders have granted the underwriters an option to purchase up to 1,005,000 additional shares of Class A common stock to cover over-allotments.

    Taleo has applied to list its Class A common stock on the Nasdaq National Market under the symbol "TLEO."

    The underwriting syndicate is led by Citigroup, and includes Merrill Lynch & Co., JPMorgan, CIBC World Markets, and ThinkEquity Partners LLC.

    San Francisco based Taleo has raised $35.2 million in net proceeds through equity and debt financing activities since its 1996 inception.


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