Skillsoft

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Skillsoft Corporation
Formerly called
 SmartForce[1]
Industry Software as a service
Founded August 8, 1989 (1989-08-08)[2]
Headquarters 107 Northeastern Blvd., Nashua, NH, United States[3]
Key people
 Chuck Moran, President and CEO
Jerald Nine, COO[4]
Products Educational technology, learning management systems, training content
Owner Charterhouse Capital Partners (as of April 2014)
Number of employees
 2,400[5] (as of 2014)
Website www.skillsoft.com

Skillsoft is an American educational technology company that produces learning management system software and content. It is one of the world's largest corporate training providers, with 10,000 customers, 60 million users, and 2,400 employees as of 2014.[5]

History

Ownership

Skillsoft was traded on NASDAQ under the stock symbol SKIL, with an IPO in February 2000[6] and a SPO in July 2001.[7][8]

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.[9][10] Skillsoft was sold by Berkshire Partners to Charterhouse Capital Partners on April 28, 2014.[9][2]

Mergers and acquisitions

In 2002, Skillsoft merged with IT courseware company SmartForce, with the combined company retaining the Skillsoft name.[1]

Skillsoft's acquisitions include:

Products

Skillsoft's products include:[2]

  • SkillChoice Multi-Modal Learning Solutions (resources for formal training)
  • SkillPort (learning management platform)
  • SkillSoft Dialogue (virtual classroom)
  • KnowledgeCenters (prepackaged learning portals)
  • Business Impact Series (audio-based dramatizations of workplace problems)
  • Challenge Series (interactive case studies)
  • Business Skills Courseware Collection (2,200 titles)
  • IT Skills and Certification Courseware Collection (2,450 titles)
  • Desktop Skills Courseware Collection (800 titles)
  • Legal Compliance, Federal Government Compliance, and Environmental Safety and Health Courseware Collection

References

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