Wednesday, April 21, 2021

IBM to Buy Social-Business Company Kenexa for $1.3 Billion

Bloomberg BusinessWeek: IBM will pay $46 a share, about $1.3 billion total, for Pennsylvania-based Kenexa Corp. in an all-cash deal. Kenexa sells human resources and recruiting software with built-in social networking capabilities. “This ties very directly into the investments we’ve made in helping clients create enterprise social networks and how we apply analytics,” said IBM’s Alistair Rennie. “This idea of how you leverage talent and bring it forward has become a significant operational issue.”

In the past five years, IBM has spent $16 billion buying 30 companies to bolster its analytics business.

Similar articles

Latest Articles

IT Planning During a...

Without a doubt, 2020 changed everything. I like to compare it to a science fiction movie where time travel is involved. Clearly, we have...

Best Data Quality Tools...

Data quality is a critical issue in today’s data centers. The complexity of the Cloud continues to grow, leading to an increasing need for...

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...