E-Learning Is Popular Again - InformationWeek
IoT
IoT
Business & Finance
News
10/14/2005
02:30 PM
50%
50%

E-Learning Is Popular Again

Consolidation is happening once more among E-learning vendors. Saba Software Inc., which makes software designed to help companies manage training, has unveiled plans to acquire Centra Software Inc., which offers online learning apps for about $60 million in a stock and cash swap.

The two say their combined software will create an end-to-end learning-management suite. Combined, they have revenue of about $100 million and more than 1,100 customers.

The Saba-Centra deal follows another big E-learning merger; SumTotal Systems Inc. said in August it would acquire Pathlore Software Corp. in a $47 million deal.

The consolidation could prove beneficial to businesses that are looking for comprehensive E-learning software from a single vendor. The E-learning market, which has had a number of ups and downs over the last several years, is on the upswing again. Companies are turning to E-learning to help handle skills development as well as training for compliance-related topics, like the Health Insurance Portability and Accountability Act and, more recently, Sarbanes-Oxley.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
2017 State of IT Report
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends for 2018
As we enter a new year of technology planning, find out about the hot technologies organizations are using to advance their businesses and where the experts say IT is heading.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll