Kenexa Acquires OutStart
February 6, 2012
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.
- Buyers
- Kenexa
- Targets
- OutStart
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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