Bertelsmann Group Acquisition Learning Management system Relias Learning

Bertelsmann Group wants to buy the American online education company Relias Learning from Vista Equity. The deal awaits approval by antitrust authorities and is expected to be completed by the end of this year.

Relias Learning is an online education company that provides enterprise learning management systems (Learning Management System) and online course content to help companies do in-house employee training, provide content, and support for management tools, For example, the company can use this system to assign learning tasks to employees, track their learning effectiveness, and provide them with knowledge of their careers, while employers have the option of using the platform to lay out their own training or direct access to the training courses they offer.

On the data, the Relias learning, which has been established since 2012, has provided about 2500 different online courses for more than 4,000 enterprise clients each year, and the trainees can complete more than 20 million courses The companies they serve include companies in professional healthcare services such as care for the elderly, behavioral health and disability care.

In addition to the acquisition of Relias Learning, Bertelsmann was also involved in the Udacity investment.