Asymetrix Buys Meliora, Plans To Combine Products
Seattle Times Staff: Seattle Times News Services
SEATTLE - Asymetrix Learning Systems said it has acquired New York-based Meliora Systems, a supplier of technology for skills-gap analysis and instructor-led training.
No price was given for the transaction, but Asymetrix said it would issue about 235,000 shares of its common stock in the deal. Trading today near $11 a share, that stock would be worth about $2.58 million.
Bellevue-based Asymetrix said it will combine its Librarian and Meliora's Ingenium programs to create a simplified learning-management product. An integrated database and student-access version will be available early next year.
Gordon Rogers, Meliora's chief executive officer and founder, has become vice president of strategic alliances for Asymetrix.
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