Announced
Completed
Financials
Tags
United States
Private
Majority
e-learning platform
Education Services
Friendly
Digital Services
Acquisition
Single Bidder
Completed
Cross Border
Synopsis
Learning Technologies Group, the provider of services and technologies for digital learning and talent management, completed the acquisition of Open LMS, an e-learning platform for distance learning, from Blackboard, an educational technology company, for $32m. "I am excited to expand LTG's capabilities through the acquisition of Blackboard's market-leading Moodle expert, Open LMS. The corporate learning market is showing increased interest in this type of scaleable technology, and we will now have the capability to meet customer demand. I am excited that Phill Miller has agreed to join LTG to drive forward our investment in open-source and to expand LTG's position in this important market segment," Jonathan Satchell, Learning Technologies Group CEO.
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