Cloud & SaaS Acquisitions in 2012

Showing 1 transactions.

  • February 6, 2012
    Buyer
    Kenexa
    Target
    OutStart
    Industry
    Cloud & SaaS
    Location
    Massachusetts, United States
    Type
    Buyout

    Kenexa entered into a definitive merger agreement to acquire OutStart, a privately held Boston-based provider of SaaS e-learning solutions, to expand Kenexa's talent management suite with learning management, mobile and social learning capabilities. The transaction is expected to close subject to customary conditions and stockholder consent and will be funded from Kenexa's existing cash balance.

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