DigitalThink
Enterprise solutions company (SaaS) model
Industry | Software & Programming |
---|---|
Founded | 1996 |
Headquarters | San Francisco, California |
Products | eLearning Software |
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]
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
The company was acquired in March 2004 by Convergys Corporation for $120 million, or approximately $2.40 per share.[4]
References
- Cincinnati company will buy DigitalThink for $120M - San Francisco Business Times
- Hyderabad To Be DigitalThink’s Global Development Hub
- SignOnSanDiego.com | The San Diego Union-Tribune | San Diego Green Guide
- DigitalThink to reveal new capital - CNET News
- THE DAY AHEAD: Can investors learn to love DigitalThink? - CNET News