Lumesse recently announce the acquisition of SaaS-based e-learning company: Edvantage Group. The acquisition now brings the Group world-class capabilities in learning management, content development and management, online content delivery and custom course development. According to Lumesse, the combined business has close to 2,000 customers worldwide with almost two million active users of its technology. The additional L&D component now allows companies to provide employees with formal and informal learning opportunities via both social media and mobile platforms as a part of a fully integrated talent development strategy.
Since the initial announcement of the acquisition in early October, the two companies have been working on integration plans as well as joint commercial opportunities. Matthew Parker, CEO, Lumesse noted, “The market reception for this acquisition has been excellent, with strong interest from customers on both sides…Learning and development are increasingly seen as key components of an effective talent management strategy, by helping to retain great people, develop their careers and build increased business contribution.”
In today’s HR, learning and development continues to be one of the most important elements of talent management. Josh Bersin, President and CEO, Bersin & Associates commented, “The acquisition gives the company a set of global, proven solutions for learning management, content development and learning services.”
Paul Arkwright
Publisher
