Wednesday, April 27, 2011

SuccessFactors Buys Enterprise Learning Management Software Plateau For $290M

On the heels of buying enterprise learning startup Jambok, the company has acquired another learning management software developer-Plateau Systems. SuccessFactors will pay $145 million in cash plus $145 million in stock for Plateau, for a total of $290 million. Plateau Systems' Learning Management Systems is generally usually used by Human Resources departments for the management and delivery of learning and training across organizations. Plateau Systems?s Talent Management Suite includes applications for learning management, performance management, career and succession planning and compensation management.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/2PT1tT9v69E/

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