April, 2009

Vista Equity Proposes to Acquire SumTotal…Is This the Death of LMS?

Apr 6, 2009 Posted by

Today, Vista Equity Partners announced the proposed acquisition of  SumTotal Systems for $102.3 million.  Vista Equity already owns a 12.7% stake in SumTotal, making them the largest active shareholder.  Josh Bersin offers a great recap on the proposed acquisition.  I agree with Josh that this is a significant event in the evolution of the LMS […]