Derry headquartered Learning Pool has announced the acquisition of True Office Learning, the award-winning adaptive compliance technology firm based in New York City.
This is the fifth acquisition in as many years by Learning Pool which is a leader in learning technology.
Following the acquisition, Learning Pool will employ almost 400 people serving more than 1400 customers and partners from 9 offices around the world including Derry and Belfast in Northern Ireland, as well as 3 offices in the UK and 4 in North America. The terms of the transaction are not being disclosed.
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True Office Learning is the creator of award-winning adaptive eLearning and behavioural intelligence technology that measurably improves performance in organizations around the world. Specialising in predictive insight and targeted remediation, True Office Learning has become the go-to disruptor in compliance helping a wide range of Fortune 100 clients like Pfizer, Mondelez and Cargill create award winning programmes that proactively manage risk and drive better business outcomes.
Speaking about the acquisition, Learning Pool CEO Ben Betts said: “True Office Learning represents a significant step in our journey to create extraordinary outcomes for companies who invest in learning. The True Office Learning team has developed the most trusted and innovative offering in the compliance space today and we couldn’t be more excited about bringing the technology and team into our Stream Learning Suite.”
Ben Betts also added: “Most large companies rely on legacy LMS platforms to deliver the nuts and bolts of learning, significantly limiting what they can measure, personalise and automate within eLearning experiences. But together, Learning Pool and True Office Learning will be able to demonstrate the advantages of delivering compliance learning through an LXP to meet critical business needs today, whilst also preparing the workforce for tomorrow. In the past two years, the way we work and learn has changed dramatically, and our aim is to lead the way in reshaping the new workplace learning landscape.”
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Also commenting on the acquisition Neha Gupta, True Office Learning CEO said: “The opportunity to combine our solutions with Learning Pool’s LXP technology, Stream, represents a significant leap forward for our combined customers. We are excited that our shared passion for innovation, customer centricity and delivering extraordinary outcomes will build the future of enterprise learning.”
Source: Written from press release.
