KnowledgePool, Excel Partnership Are Acquired

Maxim Training Corporation, a wholly owned subsidiary of TomaNet, has acquired KnowledgePool, a European training provider. Previously owned by Fujitsu Services, the company will continue to operate as KnowledgePool in the United Kingdom and the United States. A new division, KnowledgePool Canada, will be established by May 31. The acquisition is the first stage in the corporate reorganization of TomaNet and its affiliates. TomaNet is currently negotiating a consolidation plan involving three other Canadian learning companies that should be completed by the end of May.

SAI Global, a subsidiary of Sydney, Australiaís Standards Australia International, has acquired Connecticut-based Excel Partnership, a training, consulting, multimedia, and e-learning content firm. Acquisition of the US$16 million company is part of an expansion into North America, says SAI executive Ross Wraight. SAI recently established a subsidiary, SAI Global, in New Jersey and has acquired KPMGís management systems registration businesses in Mexico, Australia, and New Zealand.

Element K has completed a US$24.5 million round of financing from a group of existing investors, a capital infusion that will enable it to continue product development. CEO Bruce Barnes called the fundraising move ìa testament to our investor group's continued belief in our business.î Given Element Kís recent earnings and growth, ìWe are in the enviable position of having more than enough funding to meet our expected needs,î he says.
Maxim Training Corporation, a wholly owned subsidiary of TomaNet, has acquired KnowledgePool, a European training provider. Previously owned by Fujitsu Services, the company will continue to operate as KnowledgePool in the United Kingdom and the United States. A new division, KnowledgePool Canada, will be established by May 31. The acquisition is the first stage in the corporate reorganization of TomaNet and its affiliates. TomaNet is currently negotiating a consolidation plan involving three other Canadian learning companies that should be completed by the end of May.

SAI Global, a subsidiary of Sydney, Australiaís Standards Australia International, has acquired Connecticut-based Excel Partnership, a training, consulting, multimedia, and e-learning content firm. Acquisition of the US$16 million company is part of an expansion into North America, says SAI executive Ross Wraight. SAI recently established a subsidiary, SAI Global, in New Jersey and has acquired KPMGís management systems registration businesses in Mexico, Australia, and New Zealand.

Element K has completed a US$24.5 million round of financing from a group of existing investors, a capital infusion that will enable it to continue product development. CEO Bruce Barnes called the fundraising move ìa testament to our investor group's continued belief in our business.î Given Element Kís recent earnings and growth, ìWe are in the enviable position of having more than enough funding to meet our expected needs,î he says.
Maxim Training Corporation, a wholly owned subsidiary of TomaNet, has acquired KnowledgePool, a European training provider. Previously owned by Fujitsu Services, the company will continue to operate as KnowledgePool in the United Kingdom and the United States. A new division, KnowledgePool Canada, will be established by May 31. The acquisition is the first stage in the corporate reorganization of TomaNet and its affiliates. TomaNet is currently negotiating a consolidation plan involving three other Canadian learning companies that should be completed by the end of May.

SAI Global, a subsidiary of Sydney, Australiaís Standards Australia International, has acquired Connecticut-based Excel Partnership, a training, consulting, multimedia, and e-learning content firm. Acquisition of the US$16 million company is part of an expansion into North America, says SAI executive Ross Wraight. SAI recently established a subsidiary, SAI Global, in New Jersey and has acquired KPMGís management systems registration businesses in Mexico, Australia, and New Zealand.

Element K has completed a US$24.5 million round of financing from a group of existing investors, a capital infusion that will enable it to continue product development. CEO Bruce Barnes called the fundraising move ìa testament to our investor group's continued belief in our business.î Given Element Kís recent earnings and growth, ìWe are in the enviable position of having more than enough funding to meet our expected needs,î he says.