SkillSoft completes deal for Thomson unit
SkillSoft has finished its acquisition of NETg, a unit of global publisher Thomson Corporation, for $270 million in cash.
The merger, originally announced on Oct. 25, 2006, will provide the Nashua-based SkillSoft with an additional 1,000 course titles from NETg, giving SkillSoft over 6,000 e-learning courses in 19 language as well as over 14,000 IT and business books, summaries and executive reports, and more than 400 Leadership Development Channel video programs, the company said.
Thomson, headquartered in Toronto, and Stamford, Conn., on Tuesday announced plans to acquire the London-based Reuters news agency for $17.2 billion in cash and stock. The deal will form a new UK holding company, Thomson-Reuters PLC. — CINDY KIBBE