Acquisition by Learning Technologies Group gives PeopleFluent a global footprint, alongside industry-leading brands such as LEO Learning, gomo, NetDimensions, Rustici Software, Eukleia and PRELOADED.
WALTHAM, Mass., June 01, 2018 (GLOBE NEWSWIRE) -- Learning Technologies Group plc (“LTG”), the integrated e-learning services and technologies provider, confirmed the successful acquisition of PeopleFluent on 31st May 2018. A formal integration program will begin immediately, with the aim of completion by the end of September 2018.
PeopleFluent introduces an exciting new range of capabilities to LTG’s portfolio of specialist digital learning businesses, which includes LEO Learning , gomo , Eukleia , PRELOADED , Rustici Software and NetDimensions . This new offering expands the opportunity for all Group companies to offer a strategic, results-focused offer in the broader context of capabilities required for the modern workforce.
Following successful completion of the acquisition, PeopleFluent CEO and Chairman, Charles S. Jones, President, Steve Pogorzelski, and Chief Human Resources Officer, Eileen Adler, left the business on 31st May 2018.
Jonathan Satchell, Chief Executive of LTG, said:
“I am delighted to confirm the addition of PeopleFluent to the LTG family. I’d like to take this opportunity to thank Charles and his team for their supportive approach and utmost integrity in enabling us to achieve this exciting acquisition. Early collaboration with the PeopleFluent management team enabled us to conduct our initial research prior to completion, which will help as we commence the formal integration program in early June, led by a governance board of PeopleFluent and LTG representatives.
“As we welcome our new colleagues into the Group, I’m excited about the potential opportunities PeopleFluent’s integrated talent management solutions bring to LTG. We have already received positive feedback from customers and analysts and it’s fantastic to envision a broader range of integrated, best-of-breed solutions to assist corporates to attract, retain and develop their people.”
LTG’s Chief Operating Officer, Dale Solomon, will be supporting the integration as PeopleFluent’s interim Managing Director until the end of 2018. Dale will be supported by senior colleagues in the NetDimensions management team and will continue in his current role as NetDimensions’ Managing Director.
In recognition of the demands of LTG’s expanded business, which now has a significantly larger product portfolio, Tim Martin joins the LTG Operations Board in the new role of Chief Innovation & Product Officer.
Tim will transition from his role as CEO of Rustici Software to work alongside the technical, design, and management teams within LTG’s product brands (PeopleFluent, NetDimensions, and gomo), supporting product optimization, harmonization and integration across the Group’s growing portfolio.
To find out more about LTG’s strategic intentions for the PeopleFluent acquisition, please read ‘Behind the deal: Why LTG bought PeopleFluent’ , authored by LTG’s Chief Strategy Officer, Piers Lea.
Enquiries:
FTI Consulting (Public Relations Adviser) +44 (0)20 3727 1000 Rob Mindell Jamie Ricketts
PeopleFluent Charles Spofford 781-530-2137
About Learning Technologies Group
Learning Technologies Group is a leader in the high-growth workplace e-learning industry. The Group offers truly end-to-end learning solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to meet their performance objectives.
LTG is listed on the London Stock Exchange Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, the United States, Asia-Pacific and South America.
For more, visit ltgplc.com .
About PeopleFluent Designed exclusively for large enterprise employers, PeopleFluent is a leading independent provider of cloud-based integrated recruiting, talent management and compensation management solutions. By deeply integrating pervasive video, strategic analytics and collaborative social technologies into its complete suite of Talent Management applications, PeopleFluent redefines employee engagement to boost productivity and improve financial results. Spanning across an organization's entire global workforce with one talent cloud, PeopleFluent equips leaders with the meaningful talent data and strategic analytics necessary to make better business decisions.
PeopleFluent has worked with over 5,100 organizations in over 200 countries and territories to engage employees to drive better business results. Today, 50 percent of the Fortune 100 relies on PeopleFluent as part of their talent management delivery strategy, helping them successfully achieve their talent aspirations.
PeopleFluent is part of Learning Technologies Group plc’s award-winning group of specialist learning technology businesses.
For more, visit peoplefluent.com .
