Updated Aug. 27, 2012 at 2:35 p.m.

Premium Lock IBM beefs up analytics with $1.3B buy of HR social media firm

Published: 2012-08-27 09:53:00
Updated: 2012-08-27 14:35:42

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Big Blue blog: IBM agreed to pay $46 a share in cash for Pennsylvania-based Kenexa. The deal is expected to be completed in the fourth quarter. Kenexa customers include Starbucks Corp., General Electric Co. and Boeing Co.

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The thought of IBM and 'social networking' in the same sentence sounds like worlds colliding.
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