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»