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Absorb LMS Acquires eLogic Learning LMS – Its Second Acquisition of 2019
Absorb LMS has acquired Tampa-based eLogic Learning LMS. This is the second acquisition in its aggressive acquisition growth strategy, following its acquisition of Torch LMS in May. With both of these acquisitions, Absorb has increased its active customers to over 1,000 and now has over 225 employees over eight offices.
This acquisition was fueled by eLogic’s global client base and Absorb’s desire to expand into the international LMS market. Absorb’s leadership will benefit from deepened vertical expertise in retail, healthcare, and fast-casual dining. eLogic also brings its custom-developed eLearning content and third-party courseware library.
The financials and terms of this acquisition were undisclosed.
As mentioned in our note regarding the Torch acquisition, as the LMS market matures, organic growth is harder to achieve. Thanks to the large injection of cash from Silversmith Capital partners, Absorb LMS is pursuing an aggressive acquisition strategy to stay competitive and expand its customer base. Based on how quickly this acquisition followed the Torch announcement, we do not expect this to be Absorb’s last acquisition of 2019.
Source: Absorb LMS at Software Reviews, Report Published January 2019
Pearson released the results of its Global Learning Survey. This is the first time that Pearson has undertaken such a study to capture the opinions of 11,000 learners across 19 countries. The study uncovered eight key trends indicating a shift to life-long, learner driven education.
Blackboard has announced its partnership with Amazon’s Alexa to launch a new Skill for its flagship learning management system (LMS), Blackboard Learn. Learners (and their parents) will be able to get information about their profile and coursework simply by asking Alexa.
TalentLMS 4.0 features several new features along with an improved user interface. While none of the new features are game changers, they are marginal improvements that TalentLMS users and administrators will enjoy.
iSpring has released an update that includes three major improvements to its Learn LMS platform. These updates are focused on making the role of admin easier and to cut down on the amount of time spent managing content and user lists.
SumTotal 19.2 is its second release of 2019 and solidifies its focus on creating an end-to-end talent development solution. Its new SumTotal Intelligent Assistant (SIA) is the highlight of the update, providing users the ability to translate web searches and internet content into relevant training content within the SumTotal LMS.
Docebo’s latest product release, Docebo 7.7, increases personalization for enterprise learning and brand identity. The release also includes improved automated content suggestions through its artificial intelligence and course enrollment based on personalized learning paths.
Absorb LMS has acquired Utah-based Torch LMS. This acquisition is the first in its acquisition growth strategy, financed through its Silversmith Capital Partners investment.
eLogic Learning claims to be taking the lead in mobile support by releasing its iOS app. However, offering a mobile experience has been table stakes in the industry for quite some time.
Adobe Captivate Prime Introduces Gamification for User-Generated Content and a New Manager Compliance Dashboard
Recently, Adobe Captivate Prime released an update that is more than just tweaking the interface. The latest update introduces social tools, gamification, and user-generated content tools as well as improvements to compliance monitoring.