Now Kenexa found a buyer!!! Maybe because they report earnings
I'm still a fan of the theory of that Saba's botched revenue recognition, which occurred almost 3 years ago, was found as part of a due diligence through a potential buyout deal.
IBM sunset their own LMS a few years ago and had an exclusive partnership with Saba to migrate their customers. IBM is a consistent and only "platinum" sponsor of Saba conferences. With such a tight relationship it boggles my mind how Kenexa ended up being the buyout.
Not sure who else with large reserves can and would want to buy Saba. They may be on their own.