Now Kenexa found a buyer!!! Maybe because they report earnings
Saba is running out of buyers. I know Kenexa doesn't have a real learning management system, but every time someone gets bought in the HCM space, that is one less buyer interested in Saba for at least a few quarters.
If Saba could get out of their own incompetent way and release some financials, maybe show a little momentum, someone might just look into buying them. Perhaps someone is already in agreement to buy Saba and thus Babak does not feel the urgency to act like a public company answerable to public shareholders. Perhaps, but maybe not so likely.
Kenexa gets bought in the high 3's x revs. Saba sits here still under 2x. Anyone with a half a brain and a pulse could do better with this company than Yazdani.