- SSI Investments II Ltd., a parent company of SkillSoft Ltd., a software-as-a-service (SaaS) provider of on-demand e-learning and performance support solutions, announced that its indirect subsidiaries, SkillSoft Corp. and SkillSoft Ireland Ltd., acquired Element K from NIIT Ventures Inc., a subsidiary of NIIT Ltd. Element K’s offerings include e-learning content, virtual labs, ILT print materials, and custom development services. Under the terms of the agreement, the Element K business was acquired for $110 million in cash, subject to adjustments.
- AlliedBarton Security Services partnered with Brown Mackie College to extend training, development, and educational opportunities to employees. This partnership provides AlliedBarton employees savings on tuition, both in the classroom and online, and learning paths are tailored to fit each employee’s schedule.
- SVI, in partnership with Sify Technologies and John Wiley & Sons, released the Anywhere Learner, a mobile application that delivers training and action items so organizational leaders can grow on the go. This application: exposes users to the latest leadership concepts and tips from top authors; provides ongoing exposure to authors through Twitter integration and podcasts; and offers a flexible platform for adding comprehensive overviews of custom training that support organizational initiatives.
- Collaborative e-learning solutions provider Kaplan Learning Technologies is now a certified reseller of NetDimensions’ learning, performance, and talent management products.
Training Today: Partnerships&Alliances (Nov/Dec 2011)
The latest training industry mergers, acquisitions, partnerships, and more.
