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IBM to Acquire Kenexa
Computer giant IBM has announced it will buy software company Kenexa. The deal will cost IBM $1.3 billion in cash, paying shareholders a 42% premium on Friday's closing, making it $46 a share.
Kenexa creates recruiting software that works through social networks and helps get companies in touch with talent. It also works to help employees collaborate on projects through similar tools.
According to the New York TImes, this move is IBM's attempt to make a bigger impact in the social...
Related topics : make a social network / social networking for recruitment
Oracle Acquires RightNow For $43 Per Share or $1.5 Billion
Oracle (NASDAQ:ORCL) announced that it has entered into an agreement to acquire RightNow (NASDAQ:RNOW) Technologies, a leading provider of cloud-based customer service, for $43 per share or approximately $1.5 billion in net of RightNow's cash and debt.
RightNow's Customer Service Cloud helps organizations deliver exceptional customer experiences across call centers, the web and social networks.
Together, Oracle and RightNow can enable a superior customer service experience at every contact...
Related topics : customer service social network
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