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).
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Another Tech Deal: IBM Buying HR Software Maker Kenexa for $1.3 Billion Aug 27, 2012 at 12:58 pm
[...] also told Todd Raphael at ERE.net (a sister website of TLNT) that Rudy Karsan, the well-regarded founder and CEO of Kenexa, will stay [...]
Ty Chartwell Aug 30, 2012 at 2:03 pm
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.
IBM’s Acquisition of Kenexa: A Sign of the Times for 3 Trends in HR Technology - ERE.net Sep 20, 2012 at 3:44 am
[...] 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 [...]
HR Tech Update: Recruiting Vendors Try to Stand Out in the HCM-focused Crowd - ERE.net Oct 9, 2012 at 2:31 pm
[...] summer, IBM acquired Kenexa. I talked with Kenexa about the new enterprise possibilities, its tablet-focused Rapid Hire [...]
Recruiting Vendors Try To Stand Out In The HCM Focused Crowd | Oct 29, 2012 at 9:57 am
[...] summer, IBM acquired Kenexa. So certainly, when I spoke with them this week, they have some excitement about what the [...]