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Callidus Enters Mobile Learning Market by Acquiring Litmos

By Rajani Baburajan
TMCnet Contributor

Callidus Software (News - Alert), a provider of Sales Performance Management (SPM) solutions, announced it has acquired Litmos Limited, a leading Learning Management Systems (LMS) vendor.

Litmos is a fast growing online training system with 150 clients and winning approximately 12 new customers per month, according to company officials. The learning platform delivers a self-service online training system, enabling the management and delivery of Web-based training courses easy for business users.

With this acquisition, Callidus enters the high growth mobile learning market, which was almost $1 billion in 2010 in the U.S. alone, with a five-year Compound Annual Growth Rate (CAGR) of 13.7 percent.

“With Litmos, we will address the learning and development needs of mobile sales forces, we will embed interactive learning in our core applications, and we will enter the mLearning and eLearning market places,” said Leslie Stretch, president and CEO, Callidus Software, in a statement.

“Litmos has quickly gained recognition as the easiest rapid Learning Management System on the Web,” Stretch added. “The acquisition opens up new opportunities in this high growth market and strengthens the value proposition of our core sales talent suite, while increasing our cross selling opportunities.”

The flexible and easy-to-use LMS platform enables organizations to create Web-based content in multiple formats, distribute the content to users, and track results in real-time. There are tools like embedded surveys and quizzes that help them measure knowledge, appraise skill levels, and reinforce retention.

The courses created using Litmos LMS can be accessed through iPhone (News - Alert), iPad, iPod Touch, and Android devices as well as the Web. Litmos LMS is fully Sharable Content Object Reference Model (SCORM) certified.

“We are excited to join the Callidus family of SaaS (News - Alert) solutions and look forward to continuing to innovate our product to deliver the best online learning system on the market,” said Rich Chetwynd, founder and CEO of Litmos, in a statement.

Chetwynd further said that Callidus' global coverage, dedication to SaaS, and operational maturity will make them even more effective in delivering outstanding customer service and innovative solutions to our growing base of satisfied customers.