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Announced

Learning Technologies Group to buy remaining 70% stake in Watershed Systems

Synopsis

Learning Technologies Group plc, the leading integrated digital learning and talent management services and technologies provider, to acquire of the remaining 70% of Watershed Systems Inc, SaaS business that develops learning analytics, providing actionable insights to adapt learning strategy, creating more effective learning experiences and verifiable business results. LTG will acquire Watershed for an initial consideration of $2.9m and up to $8.7m in deferred contingent consideration, all in cash, payable on the achievement of significant incremental revenue growth over the period 2019-2021.

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