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DigitalThink was an electronic learning (eLearning) company. 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]
| Industry | Software & Programming |
|---|---|
| Founded | 1996 |
| Headquarters | San Francisco, California |
| Products | eLearning Software |
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
editThe company was acquired in March 2004 by Convergys Corporation for $120 million, or approximately $2.40 per share.[4]
References
edit- ^ Lelic, Simon. Knowledge Management Magazine, (Volume 4, Issue 6) "The future is 'e'"
- ^ "Welcome internettime.com - BlueHost.com" (PDF). internettime.com. Retrieved 2024-07-03.
- ^ "McDonald's hires Web trainer". Chicago Sun-Times. July 17, 2001. Retrieved December 29, 2011.
- ^ "Cincinnati company will buy DigitalThink for $120M". bizjournals.com. 25 March 2004.