Training Industry Magazine - November/December 2020 - 55

COMPANY
NEWS

ACQUISITIONS AND PARTNERSHIPS
Luminary, the global collaboration hub
for professional women, announced that
it acquired Declare, a premier leadership
platform transforming how women learn,
work and succeed. The acquisition
of Declare and its assets supports
Luminary's mission of advancing women
through community and strengthens
the company's position as a leading
workplace equity advocate.

Achievers, a provider of employee
voice and recognition solutions that
accelerates a culture of performance,
announced that it has completed
its acquisition of TemboSocial Inc.,
an innovative provider of employee
feedback and recognition tools. The
acquisition of TemboSocial bolsters and
extends Achievers' enterprise solution
for employee engagement.

Turnitin, a leading provider of academic
integrity and assessment solutions,
announced its acquisition of ExamSoft -
a software-based assessment platform
- from Spectrum Equity. ExamSoft
empowers educational institutions and
certification and licensure programs
to protect exam integrity, streamline
assessment processes and improve
learning outcomes.

Pluralsight, Inc., the technology
workforce development company,
announced its acquisition of DevelopIntelligence, a provider of strategic
skills
consulting
and
virtual
instructor-led training for information
technology teams. The acquisition
enables the company to deliver an all-inone solution to meet the demands of its
enterprise customers.

Churchill Capitol Corp II, announced it
will merge with Skillsoft in a transaction
valued at approximately $1.3 billion.
Following the closing of the merger,
the combined company will acquire
Global Knowledge for approximately
$233 million, putting the total cost of
the transactions at $1.5 billion. The
combined company will operate as
Skillsoft and seeks to create the world's
leading digital learning company.
Workforce Insight, a leader in workforce
optimization, announced it has reached
a definitive agreement to acquire Hive
Tech HR, a market leader in human capital
management advisory service. Workforce
Insight delivers workforce management
and human capital management advisory,
analytics and implementation services to
organizations across the globe.

INDUSTRY NEWS
CAREER MOBILITY OFFERING
TO BUILD RESPONSIVE AND ONDEMAND WORKFORCES

Degreed, the workforce upskilling
platform, has launched Degreed Career
Mobility to enable leaders and people
managers to adapt quickly to evolving
needs by matching people with indemand skills to projects, assignments
and roles. Where skill gaps are identified,
Degreed Career Mobility automatically
identifies needed skills and presents
relevant learning opportunities.
REACHING HEALTHCARE
PROFESSIONALS WITH AN EVIDENCEBASED GAMIFICATION APP

In COVID-19, healthcare professionals
have become increasingly difficult to
reach, increasing the need to enhance

product awareness and adoption. SPARK
Healthcare launched Beacon Learning,
a first-of-its-kind mobile app that uses
evidence-based gamification technology
to enable healthcare advertising
agencies and pharmaceutical companies
to educate hard-to-reach customers.
EMPLOYABILITY SELF-ASSESSMENT
TO VALIDATE THE RELEVANCE OF
COLLEGE CREDENTIALS

The QA Commons launched its
Employability Self-assessment (ESA),
designed to measure and document
how well higher education institutions
are preparing graduates for success
upon graduation. Results of the ESA will
help college and university leaders and
faculty understand the rapidly changing
needs of employers and build a culture
that supports graduate employability.

TRANSPARENTBUSINESS BECOMES
A UNICORN

In October 2020, TransparentBusiness
became one of the 488 companies in the
world designated with unicorn status,
announcing the opening of its new
investment round at a valuation of $1
billion. TransparentBusiness joins the list
of technology companies that saw their
valuation grow during the pandemic.

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Training Industry Magazine - November/December 2020

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