OutStart and Eedo Knowledgeware Merge

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OutStart Inc. and Eedo Knowledgeware Corp. have combined their operations, making the new company a provider of software for creating and sharing organizational knowledge through learning and social collaboration. The company will work to serve the LCMS and learning market, while supporting the emerging need for a business social software platform to enable effective informal knowledge sharing. The combined company has more than 300 customers, including commercial, government and defense organizations; a global base with close to 40 percent of its business coming from international clients; and, solid finances with 50 percent of its revenue coming from recurring business. The company will make its headquarters in Boston and maintain offices in the United States, Canada, England, Germany, Ireland and the Netherlands. http://www.outstart.com

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