Kenexa buys Mass. human resources firm
Kenexa Corp., the Wayne-based human resource software and research company, will buy Salary.com, of Needham, Mass, for 47 cents a share, or $80 million in cash.
Kenexa Corp., the Wayne-based human resource software and research company, will buy Salary.com, of Needham, Mass, for 47 cents a share, or $80 million in cash.
Kenexa expects to close on the deal in the fourth quarter.
Salary.com provides compensation information and management, making it a good fit for Kenexa, chief executive Rudy Karsan said. - Jane M. Von Bergen