London (UK)/Oslo (NO), April 2010 - CrossKnowledge, expert in the remote development of leadership and management skills through new technologies, has announced the acquisition of Mohive, a provider of Learning Content Management Systems (LCMS) and enterprise rapid-eLearning software.
Thanks to this acquisition and to the solutions developed by Mohive, CrossKnowledge is strengthening its technological capabilities while at the same time offering its new affiliate the opportunity to team up with a leading group in its domain. Mohive operates out of London and Oslo and delivers a web-based software system (SaaS model) specially designed for large organisations to collaboratively create their own eLearning content.
By joining CrossKnowledge, Mohive will benefit from the structure and investment power of an international group, in particular in the R&D area. For CrossKnowledge, this acquisition is strategic, as Mohive's solutions are perfectly compatible with CrossKnowledge's existing product portfolio, with users able to view content on a variety of platforms (PC, Mac, and Smartphone).
Furthermore, it also clearly demonstrates CrossKnowledge's desire to speed up its process of innovation in order to offer even more up-to-date solutions to customers.
Mohive's management team will remain an integral part of the company and will continue to further develop the client portfolio and ensure synergy with CrossKnowledge. Lars Unneberg, CEO at Mohive comments, "When we announced the merger with CrossKnowledge to our team, the news was met with a hearty round of applause. This is testament to the excitement felt by the prospect of new customer reach and the joint opportunities offered by being part of a group."
"After having reviewed all the key players within this particular sector, we realised that Mohive's superior technology, which combines simplicity, solidity, and ergonomics, really sets them apart from their competitors. Moreover, the calibre of their clients bears witness to their expertise and seal of quality", Mickaël Ohana, CEO at CrossKnowledge, adds.
After having successfully acquired its most recent affiliate, Epistema, in February 2009, this latest takeover represents a new step for CrossKnowledge. By acquiring a rapid-eLearning platform, the company has moved one step further towards offering its clients the possibility to create and deploy their own content.
