The Learned Man!

Is the Nightmare Finished?

The biggest eLearning companies on the NASDAQ

New York, February 2005 – A glance at the latest quarterly results and the development of the shares of those eLearning companies quoted on the NASDAQ manifests a situation between hope and fear. Saba and SumTotal Systems showed a positive tendency. Blackboard had good results, yet it still has to struggle with capricious shareholders. Centra’s yearly results were disappointing and additionally the company has not come up with a clear forecast for 2005. Skillsoft tumbled sharply.

Read full article at Check Point eLearning

Thomson to Acquire Capstar

The consolidation continues...

Cary, NC - August 17, 2004: Another major acquisition announced as Capstar, is being acquired by The Thomson Corporation.
First, Digital Think was acquired by Convergys, then Hewitt Associates and Exult merged, and now information resources industry giant, The Thomson Corporation, is buying Princeton, New Jersey based Capstar from Educational Testing Service (ETS).

In Thomson’s news release on the acquisition, Ronald H. Schlosser, president and chief executive officer for Thomson Learning explained plans to combine Capstar with the company’s e-testing business, Thomson Prometric to help Thomson further develop a premier academic testing and assessment business.

Convergys Buys DigitalThink for $120 Million

Wow! I came into the office this morning and saw this report. This is big...the consolidation continues!

NEW YORK, March 25 (Reuters) - Billing software maker Convergys Corp. (NYSE:CVG) said Thursday it would buy DigitalThink Inc. (NASDAQ:DTHK) for $120 million, marking its expansion into the market for electronic learning software.

Cincinnati-based Convergys will pay $2.40 cash for each DigitalThink share, which is a 30 percent premium over Wednesday's closing price of $1.84 on Nasdaq.