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Archive Home > 2012 > August > 28 > IBM pays $1.3 billion for software maker

IBM pays $1.3 billion for software maker

By The Associated Press / The Bulletin
August 28, 2012

ARMONK, N.Y. — IBM is buying human resources management company Kenexa Corp. for about $1.3 billion, adding to its stable of cloud-based software.

The Monday announcement sent Kenexa’s stock to the highest point since it began trading in mid-2005.

Kenexa’s HR....

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