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August 27, 2012 05:32 pm GMT

IBM Buys Social HR And Talent Management Software Company Kenexa For $1.3B In Cash

Kenexa | To us, business is personalIBM has scooped up talent management and HR software maker Kenexa. The price? A hefty $1.3 billion, or $46.00 per share in cash.The NASDAQ-listed Kenexa offers an HR, talent acquisition and talent management software. The product includes recruitment process outsourcing (RPO) that provides global recruitment services; recruitment technology solutions; onboarding solutions, which offer forms management for legal documents, workflow, and electronic signatures; employee assessments that help organizations to select and retain top performers; Kenexa Prove It, a skills test solution to identify and select the talented candidates;and Kenexa Interview Builder, which provides an online structured interview reference library of approximately 3,000 questions; and employment branding solutions.

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