Consolidation of e-Learning providers continued last week with the announcement that Taleo Corporation (http://www.taleo.com) will acquire Learn.com, Inc. (http://www.learn.com/). The companies expect the acquisition to be completed prior to the end of the fourth quarter of 2010.
Taleo offers a cloud-based talent management platform, used by its over 4,700 customers for talent acquisition, performance management, and compensation management. It also supports the Talent Grid cloud community, a set of three online communities that provides users an exclusive place to interact and share best practices, discover pre-integrated partner solutions, and connect with millions of candidates in an open marketplace.
Learn.com offers Software-as-a-Service (SaaS) learning management, social learning, and collaboration. Products provided by the company include content, a Learning Management System (LMS), and tools for content development and for assessment. Other features within the Learn.com platform include social networking, Web conferencing, and a Learning Content Management System (LCMS). Learn.com claims about two million users worldwide.
The acquisition rounds out Taleo’s ability to provide solutions across all four critical components of talent-optimized organization: recruiting management, performance management, compensation management, and (with the addition of Learn.com) management of both social and formal learning and development.
The press release with full details is online at http://ir.taleo.com/releasedetail.cfm?ReleaseID=504242
