Merger mania in and around eLearning
The Learning Circuits
AUGUST 3, 2005
First, on Monday, WebEx buys intranets.com for $45M in cash ( details ) then today SumTotal buys Pathlore for $29M in cash ( details ) and $19M in stock. All of this comes of the heels of SkillSoft releasing SkillSoft Dialogue , their version of a virtual classroom and NETg buying KnowledgeNet last year for their virtual classroom technology/LMS resulting in their Knowledge Now suite. And then I hear that back on July 27 Premiere Global Services announced that it was buying Netspoke for $23.2M in cash ( details ). And a communication services company buys a collaboration company.