News

Oracle acquires SelectMinds, new POS and banking platform

September 19, 2012

Oracle announced yesterday that it is acquiring SelectMinds, the cloud-based talent sourcing app. 

Also announced from Oracle is a new point-of-service extension for retailers called Oracle Retail Mobile Point-of-Service, along with its new banking platform, that the company describes as a comprehensive suite of business applications for large global banks.

"Gartner research shows that retailers are extremely interested in mobile POS as a way to transform the checkout experience," said Jeff Roster, research vice president at Gartner. "As one of the four transformational forces that Gartner has defined as part of its 'Nexus of Forces' research, mobility, including mobile POS, will be a key area for experimentation and investment for retailers going forward."

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