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CrossKnowledge takes over Digital SK and plans to speed up investments in Brazil

08/29/2013 | 04:05am EDT

Press release
Paris, 29th August 2013

CrossKnowledge takes over Digital SK
and plans to speed up investments in Brazil

CrossKnowledge announces its purchase of Digital SK:
http://www.crossknowledge.com/en_GB/elearning/media-center/news/digital-sk-brazil.html
, the leading Brazilian e-learning provider. This acquisition further consolidates CrossKnowledge's position as a world-class distance training provider.

Digital SK was founded in 2004 and quickly took up a dominant position on the Brazilian e-learning market with an extensive range of training content and innovative technological solutions designed for large public and private organizations as well as the education sector. In 2011, with growing demand on the horizon, the company became CrossKnowledge's exclusive partner in Brazil.

With three offices in São Paulo, Rio de Janeiro and Curitiba, the Brazilian e-learning specialist, which is also official partner of Moodle and has ISO 9001 certification, has 200 clients and over half a million learners. Its turnover increased by more than 75% in 2012.

Just one year after beginning to operate in our own name in the USA, this external growth initiative brings a new dimension to CrossKnowledge, which now operates across the entire American continent and is able to provide optimum support for clients deploying international projects.

"In a country where access to quality training is a priority, the e-learning market is growing at a rate of 25% annually. 20% of advanced training is carried out remotely, and major Brazilian companies have shown great enthusiasm when our solutions have been deployed with Digital SK", states Mickaël Ohana, CEO and co-founder of CrossKnowledge. After a two-year win-win partnership, we at CrossKnowledge are delighted to welcome the experienced teams of Digital SK into our organization."

"Joining CrossKnowledge is a fantastic opportunity for our teams to respond to the demands of Brazilian companies by providing world-class learning solutions", say Paulo Weigert and Romain Mallard, co-founders of Digital SK and now directors of CrossKnowledge do Brasil.

About CrossKnowledge - www.crossknowledge.com:
http://www.crossknowledge.com/

Created in 2000, CrossKnowledge is a leader in cloud-based distance learning solutions. Our full SaaS solutions are based on exclusive learning technologies, amongst the most sought after content in the world and a range of accompanying services. CrossKnowledge's solutions enable fast workforce empowerment and global strategic alignment, guaranteeing a unique learning experience for the individual and a real return on investment for the organization.
CrossKnowledge's learning content and formats are developed in collaboration with an international 'Faculty', comprising the best authors, professors and Management professionals from the most renowned Business Schools in the world. CrossKnowledge has created the CrossKnowledge Academy in order to formalize and share its expertise in instructional design and deployment with its clients via certification programs.
CrossKnowledge operates worldwide and serves companies including global enterprises, mid-sized companies and the education sector spanning more than 3 million users.

Media contacts:
H&B Communication: Emily Bass - Anne Hardy - +33 1 58 18 32 59 - e.bass@hbcommunication.fr:
mailto:e.bass@hbcommunication.fr
CrossKnowledge: Estelle Milo - +33 1 41 38 14 86 - estelle.milo@crossknowledge.com:
mailto:estelle.milo@crossknowledge.com




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: CrossKnowledge via Thomson Reuters ONE

HUG#1725283
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