Training Industry Magazine - July/August 2020 - 59

COMPANY
NEWS

ACQUISITIONS AND PARTNERSHIPS
Group Management Services, Inc.,
announced the acquisition of Corporate
Business Solutions (CBS), a Georgiabased human resources (HR) outsourcing
provider. Both organizations share an
emphasis on giving their clients a
competitive edge when it comes to the
technology, service levels and human
resources they provide.
DataCamp, announced its partnership
with Anaconda, an open-source
tools and enterprise-grade software
provider for data scientists and
organizations doing data science at
scale. Inspired by a shared mission
to enable worldwide data fluency for
individual learners and organizations,
Anaconda Team Edition customers will
gain access to a specialized DataCamp
learning track.

MindTickle, the leader in sales readiness
technology, announced a partnership
with Sandler Training, the largest sales,
management and leadership training
organization. Sandler Training sales
and sales manager content can now
be tailored with a data-driven approach
to develop their skills and readiness,
leading to faster time to profitability and
ongoing quota attainment.

OpenSesame, the eLearning innovator,
announced American Management
Association (AMA) has been added to
its OpenSesame Plus subscription to
expand the leadership, management
and business skills offering. Global 2000
companies leverage the OpenSesame
Plus subscription with over 7,500
curated courses to develop learners'
leadership and soft skills.

Capgemini, today announced a global
partnership with Coursera to expand its
libraries of high-quality learning to all
of its employees across the globe. The
goal of the collaboration is to help team
members to further develop their skills
in several areas including professional
services, technology consulting, cloud
adoption, sales productivity and
many more.

Templafy, a global leader in enterprise
document creation and automation,
announced its acquisition of Denmarkbased Napp, a B2B sales enablement
platform. The acquisition extends
Templafy's document creation platform,
empowering users with enhanced
abilities to collaborate with recipients
of business documents and track
document performance.

INDUSTRY NEWS
BOOSTING ECONOMIC MOBILITY
FOR FRONTLINE WORKERS
WITHOUT DEGREES
Merit America, a nonprofit that helps
workers chart pathways into highly
skilled technology careers, announced
a partnership with Amazon's ambitious
Career Choice initiative, helping hourly
employees prepare for future career
opportunities. During the COVID-19
pandemic, Merit America is offering virtual
programming to provide learners with both
skills training and job readiness support.
NO DISTANCE IS TOO FAR FOR
SALES COACHING
SalesFuel® announces the global
launch of the next version of SalesFuel
COACH, the developmental sales

coaching solution. SalesFuel COACH
has been upgraded for teams whose
sales reps are in the office and working
remotely worldwide. Built on scientific
assessments, SalesFuel COACH enables
managers to recognize the specific areas
of improvement for each rep.
CULTIVATE, MEASURE AND MANAGE
A MORE INCLUSIVE WORKPLACE
Eskalera, the company behind a new
category of employee experience and
organizational analytics, announced
the launch of Inclusion Index, a new
system that quantifies inclusive culture.
The Inclusion Index measures the
performance of a company's diversity
and inclusion efforts and offers learning
solutions and actionable steps to
improve cultural hotspots.

SKILLSOFT ENTERS INTO AGREEMENT
WITH LENDERS TO REDUCE DEBT
AND POSITION COMPANY FOR
LONG-TERM SUCCESS
Skillsoft announced it has entered into
a Restructuring Support Agreement
(RSA) with a majority of its first and
second lien lenders. The RSA is
expected to result in a comprehensive
de-levering of the company's balance
sheet by reducing the company's
existing first lien and second lien debt
to $410 million from approximately
$2.0 billion, with total debt aggregating
$585 million, lowering the company's
annual cash interest by approximately
$100 million.

T R A I N I N G I N DUSTR Y MAGAZ INE -DATA FLUENCY IN LEARNI NG 2 02 0 I WWW. T RAI NINGINDU S T RY . C OM/ MAGAZ I NE

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Training Industry Magazine - July/August 2020

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