Home > Categories > Learning Management Systems > Absorb LMS Acquires eLogic Learning LMS – Its Second Acquisition of 2019

Software Category

Learning Management Systems

Write Review

Absorb LMS Acquires eLogic Learning LMS – Its Second Acquisition of 2019

Absorb LMS has acquired Tampa-based eLogic Learning LMS. This is the second acquisition in its aggressive acquisition growth strategy, following its acquisition of Torch LMS in May. With both of these acquisitions, Absorb has increased its active customers to over 1,000 and now has over 225 employees over eight offices.

This acquisition was fueled by eLogic’s global client base and Absorb’s desire to expand into the international LMS market. Absorb’s leadership will benefit from deepened vertical expertise in retail, healthcare, and fast-casual dining. eLogic also brings its custom-developed eLearning content and third-party courseware library.

The financials and terms of this acquisition were undisclosed.

Our Take

As mentioned in our note regarding the Torch acquisition, as the LMS market matures, organic growth is harder to achieve. Thanks to the large injection of cash from Silversmith Capital partners, Absorb LMS is pursuing an aggressive acquisition strategy to stay competitive and expand its customer base. Based on how quickly this acquisition followed the Torch announcement, we do not expect this to be Absorb’s last acquisition of 2019.

Source: Absorb LMS at Software Reviews, Report Published January 2019

Other Recent Research in Learning Management Systems

Learning Management Systems

D2L Enabling Rapid Transition to Online Learning Through Quick Start Care Package

Configuring online learning can take time and resources not all organizations have, especially during the COVID-19 pandemic. D2L is assisting with this through a Quick Start Care Package to help organizations rapidly transition to online learning.

Learning Management Systems

Impact of COVID-19 on HR Technology

What is changing in the HR technology space as a result of COVID-19? Some organizations are seeing an uptick in interest and customer support, while others are providing free access to their product.

Learning Management Systems

Cornerstone Continues to Invest in Learning Suite With Acquisition of Saba

Cornerstone is acquiring Saba, a learning management system, to further invest in its learning offerings and gain reach in the market. With this acquisition, the organization intends to accelerate product development.

Learning Management Systems

Cornerstone Acquires AI-Powered Organization to Advance Its Learning Suite

Cornerstone acquires Clustree to incorporate AI into its learning solutions. As a result, Cornerstone’s Learning Suite displays deep knowledge of employee skills, which can inform promotions or job changes, areas for learning, and recruiting decisions.