Huveaux's Strategy for Epic & Other UK Updates

Some six months after acquiring Epic, Huveaux has revealed its strategy for the future.

As anticipated Huveaux has placed a strong emphasis on products. The key parts of their statement to the City on 6th March 2006, were:

"From the outset, it has been our intention to extend Epic’s skill set and experience and expand its revenue base by altering the business model and building a portfolio of owned IP which can deliver an additional and recurring revenue stream over the longer term. Consequently, our strategy for Epic is to:

• Create a Huveaux-owned product portfolio combining Epic’s innovative e-learning techniques with our existing learning content. These products will be sold based on an annual user licence model. Our first chosen areas are Leadership, Compliance and Human Resources Legislation;
• Develop, through internal joint ventures, electronic versions of our existing product where they offer customers an extra benefit."

Other UK Updates:

• the Adval and Maxim (formerly Knowledgepool e-learning)  merger has been finalised and the old Brighton Knowledgepool office closed
• the announced Futuremedia and Ebc deal is due to go through later in March
• there have been some redundancies at Brighton based Brightwave

Source:
Kineo