Salary.com Purchased By Kenexa

In a letter to customers and shareholders, Salary.com today announced it would be acquired by Kenexa, a provider of HR services and products. In the letter, Salary.com's CEO Dan Daoust stated...

I wanted you to be among the first to know that Salary.com has entered into an agreement for Kenexa (Nasdaq: KNXA) (www.kenexa.com) to acquire Salary.com. Kenexa, a global provider of business solutions for human resources, expects to close the transaction by December 31, 2010.

We believe Salary.com’s acquisition by Kenexa will enable us to better capitalize on our market leading software and data, in compensation, talent management, and consumer offerings. We will now have access to a much larger global sales and services organization, greater R&D resources and overall financial strength to provide our customers with confidence that we will be able to meet their needs from a long-term perspective. We believe that the combination of Salary.com and Kenexa will provide an end-to-end value proposition that is unmatched in the marketplace.

A close to the merger is expected December 31 2010.

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MTC's Trainerquest unit a top-5 training provider in New England

MTC's TrainerQuest unit is listed as one of the largest IT Training Providers in New England by Mass High Tech. We've gotten here because of our focus on effective training development, delivery and e-learning services. Contact us today!

See the breakout of the largest IT Training Providers here....

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Dude, where's my phone?

Hold onto your hats (and phones) folks. This story has so many layers to it. Is this a real iPhone prototype? Would you have tried to find the real owner, or taken the $5,000? Most importantly, isn't all PR good PR?

Gizmodo says official letter from Apple proves the lost iPhone it paid $5,000 to obtain is the real deal. The iPhone 4G prototype -- at least, that's what Gizmodo assumes it is -- was reportedly found by an anonymous bar-goer.

See entire story at InfoWorld....

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The Innovation Index touts Mass. as global R&D leader

This year’s Index of the Massachusetts Innovation Economy was released today, and in it the John Adams Innovation Institute for the first time compares the Bay State not only with other innovating states in the U.S., but with other countries. The result? Massachusetts leads the nation and the globe in patents per capita.

Massachusetts also sits in the top seat among all states and the leading R&D countries for the amount of research and development done as a percent of its gross domestic product, according to the institute, which is part of the Massachusetts Technology Collaborative. As it has for years, Massachusetts also ranks No. 1 in Small Business Innovation Research awards per capita, receiving $227 million in federal SBIR funds for proof-of-concept research and prototype development.

When it comes to fundraising, Massachusetts is holding its own against the rest of the nation. The Index shows that, while the rest of the country saw a 57 percent drop in the dollar amount raised by venture funds, Massachusetts companies saw only a 35 percent drop in the amount of funds distributed to them by VCs.

See entire article at Posted By Rich Kneece.
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