The agreement is to better serve customers in the US market
Bergen, Oct 1, 2020 – In line with Sanoma Learning’s communication when acquiring itslearning AS, and their strategic focus on the European market; itslearning AS has entered into a partnership with Altitude Learning to manage their US business.
itslearning AS will sell its shares in itslearning Inc (US) and transfer all US-staff to Altitude Learning. The new organizational structure unites the two US-businesses and establishes a trusted partnership for continuous distribution of the itslearning platform in the US.
This new partnership will not change the contractual obligations for itslearning Inc.’s current clients. itslearning AS will continue to host and maintain services for existing US customers.
Opportunities and growth for itslearning going forward
With Sanoma’s strong financial backing and long-term focus, itslearning has strengthened its position as the leading European LMS provider and continues to grow its business across Europe. Due to the coronavirus pandemic, schools and districts across the world have been seeking partners to quickly deploy innovative and practical solutions for digital learning.
The city of Dusseldorf deployed the itslearning platform in less than 24 hours and set a new record in digitizing schools and effectively activating a learning management system. itslearning has also recently won large tenders with the Geman states of Schleswig-Holstein and Mecklenburg-Vorpommern for 350,000 users with additional growth potential.
With the University of Southern Denmark onboarding 45,000 students, itslearning has also now become the leading LMS provider in higher education in Denmark.
Press contact:
Johnny Anderson
itslearning, Head of Communications
+47 932 40 192
Johnny.Anderson@itslearning.com
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