by Richard on September 10, 2012
Skillsoft Limited, a provider of cloud based learning solutions for customers worldwide, today announced that it has reached agreement on the terms of a recommended cash offer to be made by its indirect subsidiary, Skillsoft Ireland Limited, for the entire issued and to be issued share capital of ThirdForce Group plc. The acquisition is being structured as an Offer under Irish law.
The acquisition will add to Skillsoft’s existing offerings in learning content, and supports the company’s overall strategy to continually increase the quality and flexibility of the learning solutions it makes available to its corporate, government, education, and small-to-medium size business customers. Also, the addition of MindLeaders’ capabilities will strengthen Skillsoft’s ability to expand its compliance-related business in the United States and United Kingdom.