Monday, July 03, 2006

Siebel : On Target Sold to TAS

On June 30, 2006 Select Selling acquired the majority of the global assets of OnTarget - the sales methodology division of Oracle Corporation - to form The TAS Group. From July 1, the combined business will operate as The TAS Group. The transaction did not include France or Italy, and the OnTarget businesses in those countries will continue to operate as they did before the acquisition.

On June 30th, France Worker's council was forced to ask management to draw back on the automatic French employee transfer as no guarantee was stated regarding their future in the new company.