Taleo Pays $3 Million for JobFlash

Taleo Corp. (Nasdaq: TLEO) has agreed to acquire the assets of JobFlash Inc., a Fremont, Calif.-based provider of telephone-based automated recruiting software and services. The deal is valued at approximately $3 million in cash, and is expected to close later this quarter. JobFlash had raised around $6.1 million in VC funding since 2003, from firms like Band of Angels, Maveron and Mosaic Venture Partners. www.taleo.com www.jobflash.com