Training Industry Magazine - Content Development 2017 Special Edition - 47

C O M PA N Y
N E W S

ACQ UIS I T I ON S A N D PA RTN E R SHIPS
Vector Solutions announced that it
has acquired LearnSmart, a provider of
professional skills, project management
and IT and security training. The
acquisition will provide customers
of LearnSmart access to over 4,000
additional courses, new LMS functionality,
and continued support from e-learning
and industry experts. Customers of
Vector Solutions brands, RedVectorand
TargetSolutions, will gain access to over
1,000 video-based courses.

CIVC Partners (CIVC) announced that
its portfolio company, KPA, has acquired
Succeed
Management
Solutions
(Succeed), a leading provider of webbased risk management and safety
software for the insurance market. This
acquisition enhances KPA's existing
environmental, health and safety
software offering, provides entry into
the insurance channel, and broadens the
set of compliance solutions available to
clients of both companies.

Auctus Group through its affiliate
Auctus Search Partners has acquired
KLG Consultants, a talent acquisition
and talent development firm. Combined
with Auctus's financial services staffing
capabilities, Auctus and KLG are poised
to provide organizations, C-level and
other executives search and selection
services as well as outsourced CFO, COO
and HR solutions. The acquisition of KLG
also brings professional development
offerings to Auctus.

Echo360 announced the acquisition
of online learning company Astute
Technology, whose testing and certification
platform allows organizations to evaluate
user comprehension of video content and
generate cloud-based certificates as users
master new skills and competencies. With
the integration of the Astute assessment
and credentialing suite into the Echo360
video platform, learners will have access to
an expanded set of tools to assess learning
and measure student engagement.

Management Concepts announced it has
established a strategic partnership with
the Defense Acquisition University (DAU)
to support educational opportunities
beneficial to the Defense Acquisition
workforce. The partnership provides
opportunities to maximize academic
accomplishments by receiving credit for
DAU courses toward an undergraduate,
graduate or certificate program offered
by a strategic partner.
JPL
Integrated
Communications
announced that it will merge JPL's
learning solutions business into its
d'Vinci Interactive subsidiary, creating a
stronger market presence with expanded
capabilities. d'Vinci develops custom
learning
experiences,
educational
websites and web and mobile applications
for a different client base than JPL. The
combined organization will service
corporations, government agencies,
educational content providers and
medical education organizations.

INDUST RY NE WS
Game-Like Learning for
Mastery and Tracking of Sales Skills
Allego announced the release of Allego
4.0, which includes the "Flash Drills"
feature - a new reinforcement learning
capability that will enable sales reps to
better retain knowledge and achieve
short- and long-term sales skills mastery
through the game-like use of flashcards
and spaced-repetition learning. Sales
managers can also create courses within
a single integrated platform.

Study Finds Partnership with Sales
Channel Linked to Higher Revenues
True collaboration with the sales channel
gives organizations a leg up on those
that give channel sellers little or no
attention afterward, according to a new

channel sales study from CSO Insights,
the research arm of Miller Heiman
Group. Organizations that help channel
sellers with lead generation and provide
consistent coaching can expect channel
revenue goal achievement of more than
90 percent.
Degrees Delivered
Entirely on a MOOC Platform
FutureLearn, owned by The Open
University, will partner with Australia's
Deakin University to offer a range of
postgraduate degrees, including Cyber
Security,
Information
Technology,
Financial Planning, and Humanitarian and
Development Action. This is the first time
a MOOC (massive open online course)
provider has offered several degrees, fully
online, entirely on its platform.

Research Reveals One-Third of U.S.
Employees Receive No Formal Job Training

Axonify
research
revealed
that
organizations are still struggling to provide
employees with the formal training they
need to do their jobs effectively. The study
included more than 1,000 employed adult
respondents and uncovered a significant
gap between the realities of formal
job training and the types of training
employees identify as effective.

INTERESTED
IN SUBMITTING
COMPANY NEWS?
PLEASE SEND TO
EDITOR@TRAININGINDUSTRY.COM

TRAINING INDUSTRY MAGAZINE - CONTENT DEVELOPMENT 2017 I SPECIAL EDITION I WWW.TRAININGINDUSTRY.COM/MAGAZINE

| 47

http://www.trainingindustry.com/ezine/ezine.aspx

Table of Contents for the Digital Edition of Training Industry Magazine - Content Development 2017 Special Edition