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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.[citation needed] 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 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. ^ a b c "About Skillsoft". Skillsoft. Retrieved 17 June 2015. 
  2. ^ a b "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. ^ a b c "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.