Davis Polk & Wardwell LLP advised Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. as joint book-running managers and Oppenheimer & Co. Inc. as co-manager in connection with the follow-on equity offering of 6,500,000 shares of Class A common stock of Taleo Corporation for approximately $132 million. The underwriters also have an option to purchase an additional 975,000 shares from Taleo to cover over-allotment of shares. The Class A common stock is listed on The Nasdaq Global Market.

Taleo Corporation is the leading global provider of on-demand, unified talent management software solutions.

The Davis Polk corporate team included partner Alan F. Denenberg and associate Peter M. Lamb. Partner Steven S. Weiner provided intellectual property advice. Partner Rachel D. Kleinberg and associate M. Ryan LaRosa provided tax advice. Karla K. Rogers was the legal assistant for the transaction. All members of the Davis Polk team are based in the Menlo Park office.