Press release

Assima Announces the Acquisition of Kaplan Learning Technologies - Extends product portfolio into the mid-level market with STT and Atlantic-Link

London » 10 Feb 2012 » Training Press Releases » Assima

Assima PLC today announces the acquisition of Kaplan Learning Technologies from Kaplan, Inc. The deal formally completed on February 9th 2012 and covers all assets and intellectual property associated with the STT Trainer and Atlantic-Link product lines but excludes the PerformIT product line. Kaplan Learning Technologies had business operations in Atlanta, GA, USA; Reading & Nottingham, UK and Cape Town, South Africa; these will join the Assima organisation.

STT Trainer and Atlantic Link are well-established, award winning collaborative platforms for authoring rich e-Learning content currently used by over 200 clients worldwide, including; Shell International, Barclays Bank, E.on, Heineken, Chelsea & Westminster Hospitals NHS Foundation Trust, Lancashire County Council, Warburtons, Santander, BskyB and BT Plc.

Assima will quickly bring the STT Trainer and Atlantic Link client base under its support operations and will be holding a client briefing and update day in April 2012. Assima intends to include both product lines in its on-going development roadmap and will extend and enhance these offerings with its own innovative technology.

Commenting on the acquisition, Michel Balcaen, Chairman said, “Amidst continuing and sometimes confusing consolidation in the eLearning marketplace, we are pleased to bring STT and Atlantic Link into the Assima Group. These products provide competitively priced options for those clients that do not need the full software project lifecycle support offered by our enterprise level solutions but still seek award winning product technology and market leading professional services.”

LEÓN, MAYER & Co. served as exclusive financial advisor to Kaplan, Inc.

 

About Assima

Assima’s innovative software and specialist professional services enable organisations to increase end-user understanding, confidence and competence in enterprise applications. Assima’s solutions give organisations the capability to create highly realistic and easily maintainable virtual clones of their enterprise applications.

Assima has been in business since 2002 developing and delivering software technology that helps large organisations maximise their return on investment from enterprise software projects. Assima’s technology is used for Training, Localisation, Performance Improvement, Application Augmentation, Innovation and Business Transformation by global organisations such as; Morgan Stanley, Xerox, Veolia, Schneider Electric, Chartis, SAB Miller, Santander, Serco, TNT and many more.

Assima has been recognised as a leading innovator, with several awards and patents granted and pending on its unique technology.  Similarly, Assima professional services projects have won numerous awards recognising outstanding project delivery on time to budget with truly innovative solutions.

Assima has direct operations in 11 countries in Europe and North America and strategic partnerships extending its reach in the Middle East and Asia.

To learn more please visit http://www.assima.net/