IBM acquires Kenexa

Published on .

Armonk, N.Y.—IBM Corp. has paid $1.3 billion to acquire Kenexa Inc., whose socially based recruiting and talent management solutions are expected to augment IBM's business operations services. Kenexa's software handles a variety of human resources tasks, including recruiting, hiring, orientation, compensation and employee engagement. Based in Wayne, Pa., it has 8,900 customers, including Boeing Co., General Electric Co and Verizon Communications.
Most Popular
In this article: