Receive daily articles & headlines each day in your inbox with your free ERE Daily Subscription.

Not logged in. [log in or register]

IBM Buying Kenexa

Todd Raphael
Aug 27, 2012, 10:56 am ET

Kenexa’s stock is up about 40% early today on news IBM’s buying the company for about $1.3 billion.

IBM says it’s buying Kenexa to bolster “social business initiatives.” IBM tells me that Rudy Karsan, the well-regarded founder and CEO of Kenexa, will stay with the new company.

Kenexa has a mix of products and services, from RPO to applicant tracking systems (through its BrassRing product).

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

  1. Another Tech Deal: IBM Buying HR Software Maker Kenexa for $1.3 Billion

    [...] also told Todd Raphael at (a sister website of TLNT) that Rudy Karsan, the well-regarded founder and CEO of Kenexa, will stay [...]

  2. Ty Chartwell

    Rudy will stay as long as it takes him to count his hundreds of millions of dollars he is gaining as a result. IBM buying Kenexa for their 9,000 customers, not because Kenxa does anything of real value.

  3. IBM’s Acquisition of Kenexa: A Sign of the Times for 3 Trends in HR Technology -

    [...] now we’ve all heard the news about IBM’s acquisition of Kenexa and have likely read a few of the many opinions about the meaning and implications of this [...]

  4. HR Tech Update: Recruiting Vendors Try to Stand Out in the HCM-focused Crowd -

    [...] summer, IBM acquired Kenexa. I talked with Kenexa about the new enterprise possibilities, its tablet-focused Rapid Hire [...]

  5. Recruiting Vendors Try To Stand Out In The HCM Focused Crowd |

    [...] summer, IBM acquired Kenexa. So certainly, when I spoke with them this week, they have some excitement about what the [...]

Post a comment

Please log in to post a comment.

Note: You need to sign up for an account on our new commenting system if you haven't already done so — even if you have an existing ERE account. Find out why »

Login Information