Company:Valamis
 Logo since May 17, 2018 | |
 Valamis's headquarters in Joensuu | |
| Formerly | Arcusys Ltd. (2003–2018) |
|---|---|
| Industry | Enterprise software Educational technology |
| Founded | 18 December 2003 |
| Founders | Jussi Hurskainen (CEO) Mika Kuikka (President) Kyösti Nevalainen Mikko Taivainen |
| Headquarters | Joensuu , |
Area served | Worldwide |
| Products | Valamis - Learning Experience Platform |
| €9.8 million (2018)[1] US$11.43 million | |
Number of employees | 180 (2018) |
| Parent | Adelis Equity Partners |
| Subsidiaries |
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| Website | www |
Valamis Group Ltd. is a Finnish enterprise software company headquartered in Joensuu, Finland . It is the developer of Valamis, an e-learning software used by enterprises and universities for online learning.
History
Arcusys was founded on December 18, 2003,[2] by Jussi Hurskainen, Mika Kuikka, Kyösti Nevalainen and Mikko Taivainen. In the early years, Valamis' main business was working as a subcontractor for large manufacturing corporations. When the technology development took off within the company in 2007, Valamis started work with universities.
In 2012, Arcusys acquired the software company Fudeco Ltd[3] and expanded its offices to Oulu, Finland.[4]
In 2016, the company acquired the predictive analytics company Olapcon Ltd.[5]
In May 2018, Arcusys changed its name to Valamis.[6]
In January 2019, Valamis acquired the software company Componence Services B.V. and opened an office in Amsterdam.[7]
In December 2020, Valamis was acquired by Adelis Equity Partners. Adelis acquired shares from the passive shareholders and invested growth equity in the company through a private offering.[8][9]
In July 2021, Valamis acquired the digital learning management software company The Working Manager Limited (TWM).[10]
References
- ↑ "Valamis Group Oy - Y-tunnus: 1867943-7 - Yritystiedot, taloustiedot, päättäjät & hallituksen jäsenet" (in fi). https://www.finder.fi/IT-sovelluksia+IT-ohjelmistoja/Valamis+Group+Oy/Joensuu/yhteystiedot/910849.
- ↑ "Valamis Group Oy" (in en-US). The Business Information System BIS. 2003-12-08. https://tietopalvelu.ytj.fi/yritystiedot.aspx?yavain=1836188&tarkiste=9FC77710B95353A5E02058DF473D0CED9C6E9AC1.
- ↑ "Company Overview of Fudeco Oy" (in en-US). Bloomberg. 2012-10-09. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=222899781.
- ↑ "Arcusys ostaa oululaisen Fudecon" (in fi-FI). karjalainen.fi. 2012-10-09. https://www.karjalainen.fi/uutiset/uutis-alueet/talous/item/13730-arcusys-ostaa-oululaisen-fudecon.
- ↑ "Nasan kumppani osti itärajalta it-talon" (in fi-FI). www.tivi.fi. 2016-10-31. https://www.tivi.fi/Kaikki_uutiset/nasan-kumppani-osti-itarajalta-it-talon-6595209.
- ↑ Valamis. "Arcusys Announces Corporate Name Change to Valamis" (in en). https://www.prnewswire.com/news-releases/arcusys-announces-corporate-name-change-to-valamis-300650267.html.
- ↑ "Valamis Expands to the Netherlands through Acquisition of Componence". https://www.valamis.com/company/news/valamis-expands-to-the-netherlands-through-acquisition-of-componence.
- ↑ Punshi, Eliza (4 January 2021). "Adelis buys stake in Finnish digital learning firm Valamis". Unquote. https://www.unquote.com/nordics/official-record/3022301/adelis-buys-stake-in-finnish-digital-learning-firm-valamis.
- ↑ "Acquisition of Valamis by Adelis Equity Partners - Carner". https://carner.com/transaction/acquisition-of-valamis-by-adelis-equity-partners/.
- ↑ "Prism facilitates sale of learning management platform provider TWM". https://www.cambridgenetwork.co.uk/news/prism-facilitates-sale-learning-management-platform-provider-twm.
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