World Of HR Software Business Saw A New Entry

World Of HR Software Business Saw A New EntryIn a new move, Salesforce.com Inc is entering the business of selling human resources software. This move would raise the stakes in its battle to woo customers away from bigger rivals SAP AG and Oracle Corp.

On Thursday, the provider of web-based software for managing sales, customer service, and marketing said it has agreed to purchase Rypple, a closely held company with 350 customers including social networking giant Facebook. The deal is expected to close in the quarter ending April 30, 2012, Salesforce said. The acquisition was described as the first step in an effort to build out a line of web-based human resources software for corporations.

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