Cloud & SaaS Acquisitions in 2012
Acquisition Volume in Cloud & SaaS in 2012 by Year
Last 5 years
Actual
Full-year estimate
-
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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