Just over a week ago, many in the talent and learning management sector were surprised to learn that Skillsoft acquired Sumtotal to bring together their learning capabilities with Sumtotal’s talent management capabilities. This is the 2nd capital transaction for Skillsoft this year—it was only in March that a London based firm acquired Skillsoft for $2.3B+. Large acquisitions like these always come with drastic changes internally. As internal processes change this of course affects the way customers are dealt with and in some cases results in modifications or complete overhauls of product offerings. Acquisitions and mergers are often a great in the long term but short term implications can mean disruptive growing pains for both employees and customers.
Tags: aquisition • Charterhouse • merger • open source • open source learning management system • open source talent management system • Skillsoft • Sumtotal • Talent Management