Skillsoft

Skillsoft Corporation
Formerly
 SmartForce[1]
Private
Industry Software as a service
Founded August 8, 1998 (1998-08-08)[2]
Headquarters 300 Innovative Way, Suite 201[3], Nashua, NH, United States[4]
Key people
 Bill Donoghue, Chairman and CEO
Chad Gaydos, COO[5]
Charles Moran, Chairman[6]
Products Educational technology, learning management systems, training content
Owner Charterhouse Capital Partners (as of April 2014)
Website www.skillsoft.com

Skillsoft is an American educational technology company that produces learning management system software and content.

History

Skillsoft had an IPO under the stock symbol SKIL in February 2000[7] and a SPO in July 2001.[8][9]

Skillsoft acquired Books 24x7 in 2001. In 2002, Skillsoft merged with IT courseware company SmartForce, with the combined company retaining the Skillsoft name.[1] The company acquired NETg from Thomson Corporation in 2007.[1]

In May 2010, the company was bought out for US$1.2 billion by SSI Investments III Limited, a firm funded by Berkshire Partners, Advent International and Bain Capital.[10][11] Skillsoft acquired Element K from NIIT in October 2011, and MindLeaders from ThirdForce Group in September 2012.[10]

Skillsoft was sold by Berkshire Partners to Charterhouse Capital Partners for US$2.0 Billion on April 28, 2014.[10][2] Later that year, Skillsoft acquired SumTotal Systems in September 2014.[12] In May 2015, Skillsoft acquired Vodeclic SAS.[13]

In September 2017, Skillsoft launched virtual coding practice lab CodeX, which provides coding exercises with embedded video content.[14][15]

References

  1. 1 2 3 "About Skillsoft". Skillsoft. Retrieved 17 June 2015.
  2. 1 2 "SkillSoft". CrunchBase. Retrieved 17 June 2015.
  3. ↑ http://www.skillsoft.com/contact.asp
  4. ↑ "Skillsoft Corporation Company Information". Hoovers. Retrieved 17 June 2015.
  5. ↑ https://www.skillsoft.com/about.asp#team
  6. ↑ "Company Overview of SkillSoft Limited". Bloomberg Business. Retrieved 17 June 2015.
  7. ↑ "Skillsoft Corp (SKIL) IPO". NASDAQ. Retrieved 19 June 2015.
  8. ↑ "Skillsoft Corp (SKIL) SPO". NASDAQ. Retrieved 19 June 2015.
  9. ↑ Brown, Rodney H. (February 15, 2010). "SkillSoft to go private in $1B buyout from Bain and partners". Boston Business Journal. Retrieved 19 June 2015.
  10. 1 2 3 "Skillsoft". Berkshire Partners. Retrieved 17 June 2015.
  11. ↑ Suria, Asif (April 6, 2010). "Merger Arbitrage Mondays: April 5, 2010". Seeking Alpha. Retrieved 19 June 2015.
  12. ↑ Bersin, Josh (October 1, 2014). "Skillsoft Acquisition of SumTotal: Corporate Training Market Disruption?". Forbes. Retrieved 17 June 2015.
  13. ↑ "Skillsoft Announces Acquisition of Vodeclic". BusinessWire. Berkshire Hathaway. May 7, 2015. Retrieved 17 June 2015.
  14. ↑ "Skillsoft Unveils New Virtual Coding Practice LabsDATAQUEST". www.dqindia.com. Retrieved 2017-10-13.
  15. ↑ "Skillsoft Opens New Coding Practice Lab". Lifehacker Australia. 2017-09-18. Retrieved 2017-10-13.


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