The Kenexa Corporation is a subsidiary of IBM that aids other companies in the process of hiring and retaining employees. The employment and retention solutions company was founded back in 1987 and ensures that corporations are hiring the best candidates possible to become a part of their team, have a significant impact in the workplace, and want to stay with the company for the long-term. The company brings in around $154 million in revenue and has been doing very successful since their start. Here are five things you didn’t know about the Kenexa Corporation.
5. They were acquired by IBM for $1.3 billion
Only two years ago in 2012 Kenexa was purchased by IBM for $1.3 billion. The transition brought all 2,800 Kenexa employees within 21 different countries to the IBM team and the deal was officially closed in December of that year.
4. They have always been expanding
Before 1998, Kenexa had purchased 15 other companies to expand their employee amount and offer their services with much faster response times. Soon after this the company began to transition away from only dealing with staffing and were large enough to begin taking part in recruitment and corporate solutions. In 2008 and 2009 the company even began expanding into Asia, Europe, and the Middle East by purchasing 30 offices throughout those countries.
3. They are one of the best at what they do
Kenexa has consistently been one of the top companies in their industry and the best at what they do. Back in 2008 and 2010 Human Resources Magazine rated the company as having the best product of the year while they were also a top five global recruitment process outscoring vendor.
2. They now operate five different divisions
The company has acquired multiple companies since it’s beginning, but now operates through five different divisions; Brassing LLC, Centre for High Performance Development, Gantz Wiley Research, Knowledge Workers, Inc., and Salary.com. These other companies are focused on specific functions of Kenexas general goal and combined allow the company to thrive and operate smoothly.
1. They have been on of the fastest growing companies in their industry
Kenexa has been constantly acquiring companies and growing their business and product base over the past decade. In 2008, the company was listed at 10th on the Forbes Fastest Growing Technology Companies list. More recently, in 2012 and 2013 Kenexa was ranked as the most popular talent management solution company with a total 9,000 customers and 30 million users.
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