JUNE 24, 2019. example: Skillsoft. Corporate E-learning Market size was valued at USD 64.4 Billion in 2019 and is expected to grow CAGR 9.16% by 2025 E-learning describes the cognitive science principles of effective multimedia learning using electronic educational technology. Churchill II, Skillsoft and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Churchill II, in favor of the approval of the merger. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Skillsoft's revenues are gauged from an analysis of company filings. In addition, Churchill II expects more than $170 million in common equity through private investment in public equity (“PIPE”) commitments, including from Prosus, which has committed to invest $100 million into Churchill II in connection with the transactions, with the option to expand further. A free inside look at company reviews and salaries posted anonymously by employees. Skillsoft. Prosus N : Churchill Capital Corp II Announces Agreement to Acquire This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, Churchill’s, Skillsoft’s and Global Knowledge’s expectations or predictions of future financial or business performance or conditions. Skillsoft had an IPO under the stock symbol SKIL in February 2000 and a SPO in July 2001.. Skillsoft acquired Books24x7 in 2001. Skillsoft's Income Statement (based on Industry Averages) We delivered more than $125 billion in revenue, $43 billion in operating income, and more than $50 billion in operating cash flow — and returned more than $30 billion to shareholders. Churchill Capital Corp II is a NYSE-listed special purpose acquisition company and is one of the public company vehicles in the Churchill Capital group of companies (“Churchill”). Together with Global Knowledge, Skillsoft will be even better positioned to support its customers around the world as they adapt at an unprecedented pace in response to the global pandemic, growing skills gap and evolving workplace needs. Evergreen Skills reported $534 million of revenue in its fiscal year ended January 31, 2019. Learning management systems are by far the biggest market in the learning management system. Based in Amsterdam, Netherlands, Heineken is a Dutch brewing company … Additional information regarding the interests of those participants, the directors and executive officers of Skillsoft and other persons who may be deemed participants in the transaction may be obtained by reading the registration statement and the proxy statement/prospectus and other relevant documents filed with the SEC when they become available. Find Out More. Weil, Gotshal & Manges LLP served as legal counsel to Skillsoft and Houlihan Lokey Capital, Inc. served as financial advisor. Churchill II will contribute up to $697 million of cash raised during its initial public offering in June 2019. COVID-19 will influence the global economy in three main ways: by directly influencing production and demand, by creating supply chains and market disruptions, and by having a financial effect on businesses and financial markets. The combined company will operate as Skillsoft and will be listed on the New York Stock Exchange (the “NYSE”). Skillsoft shareholders and PIPE investors will own approximately 22% and 13%, respectively. Webinar ID: 973 0785 7003. 1,214 Number of Organizations • $6B Total Funding Amount • 1,205 Number of Investors. Company profile page for SkillSoft Corp including stock price, company news, press releases, executives, board members, and contact information Educational technology companies Global Knowledge Training LLC and SkillSoft faces a legal suit for damages from some disgruntled shareholders following its disclosure last year that SmartForce had improperly booked revenue, shortly after it acquired the firm. “By bringing together Skillsoft and Global Knowledge, we are creating a new leader in the vast and rapidly growing global digital learning market,” said Mr. Tarr. Figure 27. International Business Machines Corporation (United States) Revenue: by Geography 2019; Figure 28. NEW YORK, BOSTON, and CARY, NC – October 13, 2020 – Churchill Capital Corp II (“Churchill II”) (NYSE: CCX.U), a special purpose acquisition company, and Software Luxembourg Holding S.A. (“Skillsoft”), a global leader in digital learning and talent management solutions, announced today that they have entered into a definitive agreement to merge, and Churchill II also announced today that it has entered into a definitive agreement to acquire Global Knowledge Training LLC (“Global Knowledge”), a worldwide leader in IT and professional skills development, from investment funds affiliated with Rhône Capital, a global private equity firm. Churchill II intends to file a registration statement on Form S-4 with the SEC, which will include a proxy statement of Churchill II and a prospectus of Churchill II, and Churchill II will file other documents regarding the proposed transaction with the SEC. Since the new CEO took charge, Skillsoft has a renewed drive for innovation. Skillsoft's annual revenues are $100-$500 million (see exact revenue data) and has over 1,000 employees. These investment funds have also agreed to invest $50 million in additional Class A common stock at $10.00 per share, subject to certain conditions and the terms of the related subscription agreement. New Report On Global Corporate LMS Market Size, Status and Forecast 2019-2025 added to Orbisresearch.com store which has 93 pages and available for purchase at US $ 3900. Prosus N.V. (“Prosus”), a global consumer internet group and one of the largest technology investors in the world, is contributing equity capital to Churchill to further Skillsoft’s organic and strategic initiatives. Investors Active in Southern US . To see the full list of related reports click on Corporate E-learning Market Reports Skillsoft (United States) Revenue, Net Income and Gross profit; Figure 29. 2 2 and 2 Browse Webinars, Podcasts, Research Reports, Video Testimonials and so much more! 5.1 Skillsoft5.1.1 Skillsoft Profile5.1.2 Skillsoft Main Business and Company’s Total Revenue5.1.3 Skillsoft Products, Services and Solutions5.1.4 Skillsoft Revenue (US$ Million) (2015-2020)5.1.5 Skillsoft Recent Developments SkillSoft headquarters is located at 300 Innovative Way, Suite 201, Nashua. ... Glassdoor gives you an inside look at what it's like to work at Skillsoft, including salaries, reviews, office photos, and more. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. I interviewed at Skillsoft (Hyderabad (India)) in March 2020. Prosus is a global consumer internet group and one of the largest technology investors in the world. Churchill Capital Corp II, a blank check company formed by Churchill Capital, and Skillsoft Bootcamp Calendar. For more information, visit https://churchillcapitalcorp.com/. The documents filed by Churchill II with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov. Evergreen Skills was formed in connection with Skillsoft's leveraged buyout by Charterhouse Capital Partners LLP for approximately $2.3 billion in April 2014. Jeffrey Tarr has agreed to be the Chief Executive Officer of the combined company, with a mission to drive top-line growth, achieve operational excellence and lead consolidation in the digital learning sector. The combined company intends to significantly increase its scale through organic growth and acquisitions and extend its leadership position as the industry’s largest and most profitable digital learning company. This is the Skillsoft company profile. We share our insights on everything from the latest industry trends to tips for success. Skillsoft offers a robust global course catalog. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. SkillSoft top competitors are iSpring Solutions, Cornerstone On Demand and Lessonly and they have annual revenue of $389.7M and 2362 employees. Employees at Skillsoft were notified in May 2020, that a reorganization of debt was occurring, a method that usually means the company is trying to avoid filing for bankruptcy. 15/10/2020 10:28:12 1-888-992-3836 Free Membership Login. Forward-looking statements speak only as of the date they are made, and none of Churchill, Skillsoft or Global Knowledge is under any obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Students build the skills they need from foundational level, through internationally recognized certifications to deep specialist expertise with the support of an industry leading team of instructors, and an extensive tech skills digital library. These forward-looking statements are expressed in good faith, and Churchill, Skillsoft and Global Knowledge believe there is a reasonable basis for them. As we continue helping our customers build a future-fit, resilient workforce, Global Knowledge will extend our leadership in the growing IT training market.”, Todd Johnstone, CEO of Global Knowledge, said, “We are excited about the increased opportunities that will now open up for us to innovate further in a growing global market and to work with our customers and partners to close critical skills gaps. A definitive proxy statement/prospectus will also be sent to the stockholders of Churchill II and Skillsoft, seeking any required stockholder approval. Interview. (1) Pro forma for Churchill transaction with Skillsoft and Global Knowledge. Any financial projections in this communication are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Churchill’s, Skillsoft’s and Global Knowledge’s control. The Boards of Directors of Churchill II, Skillsoft and Global Knowledge have unanimously approved the respective proposed transactions. Skillsoft generates $724.3M in revenue; How much funding does Skillsoft have? Investors interested in accessing the conference call can dial +1 312 626 6799 (United States Toll Free) or +1 346 248 7799. This is the Skillsoft company profile. Thanks for your feedback. Churchill’s strategy is to identify and complete initial business combinations with unique, leading companies in growing industries that complement the experience and expertise of Churchill’s management team, Board of Directors and Operating Partners. SkillSoft faces a legal suit for damages from some disgruntled shareholders following its disclosure last year that SmartForce had improperly booked revenue, shortly after it acquired the firm. Saba Software (United States) Revenue: by Geography 2019; Figure 51. These risk factors will be important to consider in determining future results and should be reviewed in their entirety. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. 3.1 Skillsoft eLearning Corporate Compliance Training Business Introduction. Skillsoft was founded by Charles Moran in 1998. In addition, the documents filed by Churchill II may be obtained free of charge from Churchill II at www.churchillcapitalcorp.com. SkillSoft annual revenue was $314.97 m in FY 2010. Where is SkillSoft headquarters? The courses, books, and videos you need to unleash your edge. Evergreen Skills reported $534 million of revenue in its fiscal year ended January 31, 2019. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction. Market data as of 10/9/20. Every day, millions of people use the products and services of companies that Prosus has invested in, acquired or built, including Avito, Brainly, BYJU’S, Bykea, Codecademy, ElasticRun, eMAG, Eruditus, Honor, iFood, LazyPay, letgo, Meesho, Movile, OLX, PayU, Red Dot Payments, Remitly, SimilarWeb, Shipper, SoloLearn, Swiggy, and Udemy. 12.1.4 Skillsoft Revenue in Blended Learning Business (2014-2019) 12.1.5 Skillsoft Recent Development 12.2 City & Guilds Group 12.2.1 City & Guilds Group Company Details 12.2.2 Company Description and Business Overview 12.2.3 Blended Learning Introduction 12.2.4 City & Guilds Group Revenue in Blended Learning Business (2014-2019) If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Multi-language. Churchill II has agreed to acquire Global Knowledge from investment funds affiliated with Rhône Capital for consideration of up to 6 million warrants at an exercise price of $11.50 per share in the combined company, subject to terms of the agreement. 5.1 SkillSoft 5.1.1 SkillSoft Profile 5.1.2 SkillSoft Main Business 5.1.3 SkillSoft IT Education and Training Products, Services and Solutions 5.1.4 SkillSoft IT Education and Training Revenue (US$ Million) & (2015-2020) 5.1.5 SkillSoft Recent Developments 5.2 ExecuTrain 5.2.1 ExecuTrain Profile 5.2.2 ExecuTrain Main Business
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