LONDON, UK–Further to its announcement of 24 March 2020, Learning Technologies Group plc (LTG), the provider of services and technologies for digital learning and talent management, is pleased to announce that all conditions relating to the acquisition of Open LMS have been satisfied and that the transaction completed on 31 March 2020.
“Less than a month has passed since we announced our intent to buy Open LMS from Blackboard, and so many people from both companies have done an incredible amount during uncommon times,” said Tim Martin, LTG’s Chief Innovation & Product Officer. “I’m incredibly proud of those efforts and also beyond excited to get started with our most important work, serving Moodle customers worldwide. LTG brings an obsession with customer care, a unique combination of other products, and a proper focus on Open LMS’s ability to thrive.”
Enquiries:
| Learning Technologies Group plc
Jonathan Satchell, Chief Executive Neil Elton, Chief Financial Officer |
+44 (0)20 7402 1554 |
| Numis Securities Limited (NOMAD and Corporate Broker)
Stuart Skinner, (Nomad), Nick Westlake, Ben Stoop |
+44 (0)20 7260 1000 |
| Goldman Sachs International (Joint Corporate Broker)
Bertie Whitehead, AdamLaikin |
+44 (0)20 7774 1000 |
| FTI Consulting (Public Relations Adviser)
Rob Mindell, Jamie Ricketts, Chris Birt |
+44 (0)20 3727 1000 |