- E-learning company Skillsoft acquired its competitor Mindleaders last week, and Josh Bersin, contributing at Forbes, assesses the acquisition's meaning in the $13 billion corporate learning market.
- Mindleaders' compliance applications should bolster Skillsoft's library of more than 4,000 courses as instructional content and training services remains important for corporations.
- MOOCs and other new formats for course offerings continue to evolve, forcing companies such as Skillsoft to watch their competitors closely, particularly in cases of companies such as Lynda.com and Khan Academy who specialize in video.
From the article:
This week another little bomb dropped in the corporate training market. Skillsoft, the industry giant in packaged e-learning and training content, acquired Mindleaders, one of the company’s major competitors.
This acquisition comes after Skillsoft’s acquisition of ElementK and 50 Lessons in 2011, and a string of other acquisitions including the acquisition of Books24x7, NetG, and other smaller content providers during the years. This continues to make Skillsoft the dominant player in packaged online corporate training content. ...