Salary.com Acquired by Kenexa

9/1/10

Salary.com (NASDAQ: SLRY), a Needham, MA-based maker of on-demand software for managing employee pay and performance, will be acquired by Wayne, PA-based Kenexa (NASDAQ: KNXA) for $4.07 per share in cash, for a total of roughly $80 million, the companies announced today. Kenexa, a human resources software, services, and consulting firm, said it expects the deal to complete fourth quarter of 2010, subject to customary closing conditions.

By posting a comment, you agree to our terms and conditions.