HealthStream acquires eeds, terms undisclosed

HealthStream announced that it has acquired substantially all of the assets of eeds, an Ashville, North Carolina-based healthcare technology company. With this acquisition, HealthStream expands its ecosystem with an innovative, SaaS-based continuing education management system for healthcare organizations, representing its third acquisition in this specialty area within the last 13 months and completing its planned investment strategy in this space. HealthStream acquired substantially all of the assets of eeds for approximately $7M in cash, subject to customary post-closing purchase price adjustments.