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For the term "sumtotal".
Cornerstone Acquires SumTotal For $200 Million
Today was a pretty iconic announcement: after decades of investment, Skillsoft decided to give up on the LMS market and sell SumTotal Systems to Cornerstone for $200 Million.
While I don’t have any details on the deal yet, this pretty much ends the innovative phase of the Learning Management Systems market, clearly marking a ... Read more»
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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
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
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
The LMS market continues to heat up as two private equity firms bid for SumTotal Systems. 
This 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
There 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
Today was a very important day in the world of corporate learning and talent management systems.
Vista 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»
The $340 Billion Corporate Learning Industry Is Poised For Disruption
Companies spend more than $340 billion on employee training and development, averaging more than $1500 per employee per year. And this massive spend, which supports a global industry with hundreds of content and technology companies, is about to be reinvented at its core. Let me explain.
From E-Learning to We-Learning to Autonomous Learning
In the ... Read more»
Cornerstone Acquires Talespin: AI Meets Metaverse In Corporate Learning
I’ve written about the Immersive Learning market often, each time pointing out the astounding learning power within these platforms. Now that we have consumer VR headsets like the Meta Quest and Apple Vision-Pro, this market is ready to explode.
Today, Cornerstone, the $1 Billion+ leader in corporate learning platforms, is announcing the acquisition of ... Read more»
