Kenexa Agrees To Acquire OutStart, a Leading Provider of Next Generation e-Learning Solutions


Kenexa (NYSE:KNXA - News), a global provider of business solutions for human resources, today announced that it has entered into a definitive merger agreement with privately-held OutStart, a leading provider of Software as a Service (SaaS) e-learning solutions and services. The closing of the transaction is subject to customary conditions, including the receipt of stockholder consent. Kenexa expects to close the transaction shortly. This acquisition, when consummated, will expand Kenexa’s reach into the e-learning market and enable Kenexa to provide a broader and deeper suite of talent management solutions. Kenexa will integrate OutStart’s Learning Management Suite, which includes award-winning social and mobile learning solutions, with Kenexa’s Global Talent Management solutions including its Performance Management suite.