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Cornerstone Acquires SumTotal For $200 Million

Josh Bersin on Enterprise Learning

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. Read more» The post Cornerstone Acquires SumTotal For $200 Million appeared first on JOSH BERSIN.

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Skillsoft buying SumTotal – My Take

eLearning 24-7

Like many of you, I was surprised to find out that Skillsoft is in the process of acquiring SumTotal. The reason for the acquisition at least from a press release and information on the purchase (and available for viewing on the Skillsoft site), screams of HCM (Human Capital Management). Getting back to Skillsoft and SumTotal.

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Skillsoft – An Analyst Perspective

eLearning 24-7

A vendor who made not only poor business decisions with the likes of Percipio, but also with the monumental blunder of acquiring SumTotal. . The buy was a bad relationship in the making, one where the owner – “Skillsoft” and ownee “SumTotal” never seemed to get on track with one another.

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Acquistions – Someone had an idea

eLearning 24-7

The initial person who thought buying SumTotal was a great idea (initially it was) and then dumped it for a fortune to Skillsoft (another great idea), which in turn was someone at Skillsoft thinking this was a great idea, which turned out to be false and was a factor in Skillsoft going into bankruptcy due to the albatross known as SumTotal.

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Skillsoft Acquires SumTotal: Crazy or Genius?

Talented Learning

In only a few short days, my reaction to Skillsoft acquiring SumTotal Systems has shifted from “Wow!” I love acquisitions. They shake things up and restack the competitive deck giving new competitors a chance. to “Hmmm” to “Eureka” to “Yeah!”.

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Skillsoft Announces Agreement to Acquire SumTotal Systems by News Editor

LearningGuild

Skillsoft Limited, a pioneer in technology-delivered learning solutions, announced today that its subsidiary, Skillsoft Corporation, has entered into a definitive agreement for the acquisition of SumTotal Systems from. affiliates of Vista Equity Partners, a US-based private equity firm. Terms of the transaction were not.

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Breaking News: Skillsoft Completes Acquisition of SumTotal Systems by News Editor

LearningGuild

Skillsoft Limited, a pioneer in technology-delivered learning solutions, announced today that its subsidiary, Skillsoft Corporation, has completed its acquisition of SumTotal Systems from Vista Equity Partners, a US-based private equity firm. Design & Development Tools Learning Systems Management Training Strategies'