ARMONK, N.Y. – 27 Aug 2012: IBM and Kenexa Corporation today announced they have entered into a definitive agreement for IBM to acquire Kenexa, a publicly held company headquartered in Wayne, Pa., in a cash transaction at a price of $46 per share, or at a net price of approximately $1.3 billion.
“The customer is the big winner in all this because the combination of our two organizations will deliver more business outcomes than ever before,” said Rudy Karsan, chief executive officer, Kenexa.