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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 2009LMS 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»