M&A Deal Summary

IBM Acquires Kenexa

On December 4, 2012, IBM acquired internet software and services company Kenexa for 1.3B USD

Acquisition Highlights
  • This is IBM’s 9th transaction in the Internet Software and Services sector.
  • This is IBM’s 14th largest (disclosed) transaction.
  • This is IBM’s 88th transaction in the United States.
  • This is IBM’s 2nd transaction in Pennsylvania.

M&A Deal Summary
Date 2012-12-04
Target Kenexa
Sector Internet Software and Services
Buyer(s) IBM
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

Kenexa

Wayne, Pennsylvania, United States
Kenexa Corp. is a web-based applications that automate human resources activities, such as recruitment, skills testing, and tracking of employee development. Kenexa also offers outsourcing options to clients, taking over part or all of the recruitment and hiring process.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 120 of 198
Sector (Internet Software and Services) 9 of 25
Type (Add-on Acquisition) 105 of 175
State (Pennsylvania) 2 of 3
Country (United States) 88 of 142
Year (2012) 8 of 9
Size (of disclosed) 14 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-01 Texas Memory Systems

Houston, Texas, United States

Texas Memory Systems, Inc. (TMS) is a developer of high-performance flash memory solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-19 StoredIQ

Austin, Texas, United States

StoredIQ, Inc.is a developer of software for scalable in-place analysis and management of disparate and distributed email, file shares, desktops and collaboration sites.

Buy -
Mergr

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