Integrated talent management products firm announced that it has signed a binding agreement to acquire Edvantage Group. Deal expected to close later this month.
by Site Staff
October 4, 2011
Austin, Texas & London — Oct. 3
Lumesse, an integrated talent management products firm announced that it has signed a binding agreement to acquire Edvantage Group.
Edvantage Group brings Lumesse capabilities in learning management, content development and management, online content delivery and custom course development. The two companies already share a number of customers and have pre-existing integrations between their respective product sets. The acquisition includes all customer contracts, intellectual property, assets and goodwill of the business and, subject to the usual regulatory approval by the Norwegian competition authorities, is expected to close during October.
Source: Edvantage Group