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For the term "sumtotal".
SumTotal Announces Acquisition of Accero and CyberShift

SumTotal Announces Acquisition of Accero and CyberShift

Today SumTotal Systems, one of the largest (privately held) providers of learning and talent management software, announced the acquisition of both Accero (global complex payroll provider) and CyberShift (mid-sized provider of time and attendance, expense management, and contingent workforce management software).

(Research members can read our detailed bulletin on SumTotal and this acquisition tomorrow.)

Background:... Read more»

SumTotal Acquires GeoLearning:  LMS Market Consolidation Continues

SumTotal Acquires GeoLearning: LMS Market Consolidation Continues

Today another major shift takes place in the talent management systems market: SumTotal Systems announced the acquisition of  GeoLearning.

Background:

SumTotal Systems is the largest provider of learning management systems today (and also a major provider of integrated talent management systems).  In our LMS 2011 research we show that before this acquisition SumTotal had ... Read more»

SumTotal Acquires Softscape:  The Gloves come Off in the Talent Management Market

SumTotal Acquires Softscape: The Gloves come Off in the Talent Management Market

Today SumTotal Systems, the largest provider of learning management systems, announced the acquisition of Softscape, the pioneering software vendor that started the market for integrated talent management software.  This move, another in a wave of consolidations taking place, creates a “gorilla” in the market for end-to-end talent management software.  (Recent acquisitions include Authoria’s ... Read more»

SumTotal Bidding War Continues – HR Software gets Hotter

SumTotal Bidding War Continues – HR Software gets Hotter

The LMS market continues to heat up as two private equity firms bid for SumTotal Systems.  LMS 2009This week Vista Equity Partners upped its bid to $4.75 a share (up from $3.80 several weeks ago), bringing SumTotal’s market capitalization to over $150 Million.  (This is nearly twice the market cap of Saba, who’s revenues are ... Read more»

The Bidding War for SumTotal Systems

The Bidding War for SumTotal Systems

SumTotal SystemsThere is now a little bidding war going on for SumTotal Systems.   ACCEL-KKR, a private equity firm, outbid Vista Equity Partners by offering approximately $124 Million for the company. This bid is approximately 20% higher than the $103 Million offer which Vista extended in early April.

This is a very positive thing – ... Read more»

SumTotal Likely to be Acquired by Private Equity Firm

SumTotal Likely to be Acquired by Private Equity Firm

Today was a very important day in the world of corporate learning and talent management systems.  

SumTotal SystemsVista Equity Partners, a mid-sized private equity firm, announced a proposal to acquire SumTotal Systems, the largest independent provider of LMS software, and one of the pioneers in this industry.  

Typically such transitions occur because the shareholders have ... Read more»