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eLearning Brothers acquires learning solution provider CoreAxis
EdTech: Corporate Learning
Apr 28, 2022
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EdTech: Corporate Learning

EdTech: Corporate Learning

Apr 28, 2022

eLearning Brothers acquires learning solution provider CoreAxis

M&A

  • eLearning Brothers, a corporate learning platform, acquired learning solutions provider CoreAxis for an undisclosed amount. This marks the company’s third acquisition this year. 

  • The company intends to integrate CoreAxis’s functionality into its suite of products and services. The acquisition supports eLearning Brothers’ global growth strategy of becoming an end-to-end solution provider for organizations' learning and development needs.

  • CoreAxis offers personalized training and staff augmentation solutions, which include blended learning, leadership development, and custom content development. The platform currently caters to a wide range of industries including healthcare, financial services, technology, life sciences, and retail. Its customers include Athenahealth, Iora Health, Santander, Raytheon, and Walmart. 

<ul><li> Analyst QuickTake : Earlier this year, eLearning Brothers stated that it intends to grow its market presence via targeted acquisitions. Its most recent acquisitions were in January 2022, when it acquired Rehearsal, a video-based training and coaching platform, and Chennai-based Origin Learning, a learning design and technology company. These acquisitions broaden eLearning Brothers’ product suite, strengthen its product development capabilities, and allow it to expand into new markets. A similar growth strategy has been adopted by competitors Eruditus and Cornerstone OnDemand. </ul>

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