These are exciting times for us and HR executives around the globe. On Sept 20, 2010, SumTotal announced that it acquired Softscape. The acquisition combines SumTotal’s proven leadership in Learning Management with Softscape’s comprehensive Performance, Compensation, Succession, Hiring, Planning, Analytics, and HRMS solution. The combined footprint provides unparalleled capabilities that cover the complete spectrum of Talent Management business needs.

This move represents a new force in Talent Management that is years ahead of any solution provider today and dramatically increases SumTotal’s resource allocation across R&D, Support, Services, and Sales on a global scale. Industry analysts agree, that the combination of SumTotal and Softscape brings together one of the most innovative players in the talent management market with the industry’s largest LMS provider to become the most complete solution in the market.

Josh Bersin says it best:
“This acquisition creates a major new force in talent management software…”

So who is Softscape?

Softscape was actually the first company to incorporate integrated talent management into its strategy, and has steadily delivered on each promise to deliver a complete HR platform to some of the largest companies in the world, including Nike, Sony and Seagate. Coupled with SumTotal’s substantial backing and well-established global infrastructure, SumTotal is now the absolute industry leader in complete talent management software.

…And what does this mean for the industry?

  • Customers can leverage a single vendor with the deepest industry knowledge of global Talent Management deployments
  • Combined install base of over 1,800 customers and over 25 million users and an average customer size of 14,000 employees represents the largest solution provider in Talent Management
  • Customers have access to more long-standing international blue chip customers to share best practices and strategies
  • The dawn of a new era in Talent Management has begun, and SumTotal’s leadership and global capabilities will deliver a higher level of value for customers

More information on acquisition, visit the press release online at:
http://www.sumtotalsystems.com/press/index.html/2010/09/20/1
If you have questions, feel free to post them here.