St. John's, NL (CA), February 2012 - A recently completed business transaction with Serebra Learning Corporation will see Bluedrop Performance Learning, a pioneer in eLearning, become Canada's largest full-service eLearning company. It thus becomes one of the few technology companies from Atlantic Canada to cross over the public trading threshold.
Emad Rizkalla, President and CEO, says the timing for the business was just right. "Bluedrop and Serebra shared a similar vision. We were both interested in changing the world and determined to make a positive impact by combining innovation with a passion for accessible learning that helps individuals and companies succeed."
Bluedrop now has over 100 employees in five offices throughout Canada. This number is expected to increase dramatically over the next eighteen months as new projects are kicked off and opportunities are realized.
"The combination of technology, people, and experience that we now have around the table means great things for Bluedrop. We will reduce our product roadmap for CoursePark® by one year and gain immediate access to markets in South America", says Rizkalla.
The company will keep the name Bluedrop Performance Learning and trade on the TSX Venture Exchange under the symbol TSX-V: BPL.
