Company:DigitalThink
| Industry | Software & Programming |
|---|---|
| Founded | 1996 |
| Headquarters | San Francisco, California |
| Products | eLearning Software |
DigitalThink was an electronic learning (eLearning) enterprise solutions company that aims to address the entire range of a corporation’s training and education needs. Founded in 1996 by Umberto Milletti, Pete Goettner and Steve Zahm [1] At one time it was termed a Business Solution Provider (BSP) but would likely be viewed in modern terms as a software-as-a-service (SaaS) model.[citation needed]
DigitalThink was one of the first eLearning companies to incorporate online mentors and tutors into their offering.[2] A notable accomplishment of the company was to secure a deal with McDonald's corporation to provide McDonald's with a global, web-based training program.[3]
Acquisition by Convergys Corporation
The company was acquired in March 2004 by Convergys Corporation for $120 million, or approximately $2.40 per share.[4]
References
- ↑ Lelic, Simon. Knowledge Management Magazine, (Volume 4, Issue 6) "The future is 'e'"
- ↑ The Knowledge Web
- ↑ "McDonald's hires Web trainer". Chicago Sun-Times. July 17, 2001. http://nl.newsbank.com/nl-search/we/Archives?p_product=CSTB&p_theme=cstb&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EE3F20596036D61&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM. Retrieved December 29, 2011.
- ↑ eLearnity
- Cincinnati company will buy DigitalThink for $120M - San Francisco Business Times
- Hyderabad To Be DigitalThink’s Global Development Hub
- SignOnSanDiego.com | The San Diego Union-Tribune | San Diego Green Guide
- DigitalThink to reveal new capital - CNET News
- THE DAY AHEAD: Can investors learn to love DigitalThink? - CNET News
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