Taleo Corporation expanding into Equinix Amsterdam

as forecasted, multinational customers are starting expanding into Equinix European data centers:

ITEM 1.

BUSINESS

Overview

We are a leading global provider of talent management software solutions. Our goal is to help our customers improve business results through better talent management. We offer recruiting, performance management, internal mobility and other software solutions that help our customers attract and retain high quality talent, more effectively match workers’ skills to business needs, reduce the time and costs associated with manual and inconsistent processes, ease the burden of regulatory compliance, and increase workforce productivity through better alignment of workers’ goals and career plans with corporate objectives. In addition, our solutions are highly configurable, which allows our customers to implement talent management processes that are tailored to accommodate different employee types, locations, business units and regulatory environments.

We deliver our solutions on-demand as a hosted service that is accessed through an Internet connection and a standard web browser. Our solution delivery model, also called software-as-a-service or SaaS, eliminates the need for our customers to install and maintain hardware and software in order to use our solutions. We believe our SaaS model significantly reduces the time, cost and complexity associated with deployment of traditional, on-premise software solutions, and offers a lower upfront and total cost of ownership than traditional software solutions. We offer our solutions as a subscription-based service for which our customers pay a recurring annual or quarterly fee during the subscription term.

We market Taleo Enterprise Edition^tm, our suite of talent management solutions for larger, more complex organizations, through our direct sales force and indirectly through our strategic partners. We market Taleo Business Edition^tm, our suite of talent management solutions for smaller, less complex organizations, primarily through our telesales team and Internet marketing efforts. As of December 31, 2007, our customer base included over 1,500 customers worldwide. Our customer base ranges in size from large, global organizations, including 37 of the Fortune 100 and 108 of the Fortune 500, to small, private companies.

We are a Delaware corporation and were incorporated in May 1999. We changed our name from Recruitsoft, Inc. to Taleo Corporation in March 2004 and completed our initial public offering in October 2005. Our principal executive offices are located at 4140 Dublin Boulevard, Suite 400, Dublin, California 94568. Our telephone number is (925) 452-3000, and our website is located at www.taleo.com.

Total revenue 2007: $ 127,941,000

>>Master Services Agreement

This Master Services Agreement (“MSA”) is entered this 27th of June 2008 (the “Effective Date”) between:

1.	Taleo (Europe) B.V. (the “Customer”), whose registered office is at Beech Avenue 54-80, 1119 PW, Schiphol-Rijk, VAT No NL 8101.66.859.B.01, the Netherlands; and

2.	Equinix Netherlands B.V. (“Equinix Netherlands”), whose registered office is at Auke Vleerstraat 1, 7521 PE, Enschede, the Netherlands,

each hereinafter referred to as a “Party” and together as the “Parties”.

Background

I.

Whereas Taleo Corporation has entered into a Master Services Agreement (“US Agreement”) with Equinix Operating Co., (“Equinix US”) on April 14, 2006 (Taleo_MSA_v11_clean.doc, Version 8/5/04 as attached to this MSA) in regard of the Services to be rendered by Equinix US as more fully described in the US Agreement.

II.	Whereas Customer desires to assume the rights and responsibilities in the US Agreement in order to make use of the Services to be rendered by Equinix Netherlands in the data centre at *************** (the “Amsterdam Data Centre”).

III.

Whereas Equinix Netherlands desires to render Services to Customer in the Amsterdam Data Centre in accordance with the terms and conditions set out in the US Agreement, unless otherwise stated hereinafter in this MSA. If there is any inconsistency between the US Agreement and the MSA, the term of this MSA shall prevail to the extent of any such inconsistency.