Skillsoft
Skillsoft is an American educational technology company that produces learning management system software and content.History
Skillsoft was founded by Charles Moran in 1998. Moran served as Chief Executive Officer and President from 1998 to 2015.
Skillsoft had an IPO under the stock symbol SKIL in February 2000 and a SPO in July 2001.
Skillsoft acquired Books24x7 in 2001. In 2002, Skillsoft merged with IT courseware company SmartForce, with the combined company retaining the Skillsoft name. The company acquired NETg from Thomson Corporation in 2007.
In May 2010, the company was bought out for US$1.2 billion by SSI Investments III Limited, a firm funded by Berkshire Partners, Advent International and Bain Capital. Skillsoft acquired Element K from NIIT in October 2011, and MindLeaders from ThirdForce Group in September 2012.
Skillsoft was sold by Berkshire Partners to Charterhouse Capital Partners for US$2.0 Billion on April 28, 2014. Later that year, Skillsoft acquired SumTotal Systems in September 2014. In May 2015, Skillsoft acquired Vodeclic SAS.
In September 2017, Skillsoft launched virtual coding practice lab CodeX, which provides coding exercises with embedded video content.
On June 14, 2020, Skillsoft voluntarily filed for Chapter 11 bankruptcy protection in the United States.
