DigitalThink

Enterprise solutions company (SaaS) model
DigitalThink, Inc. (acquired by Convergys)
IndustrySoftware & Programming
Founded1996
HeadquartersSan Francisco, California
ProductseLearning 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

  1. ^ Lelic, Simon. Knowledge Management Magazine, (Volume 4, Issue 6) "The future is 'e'"
  2. ^ The Knowledge Web
  3. ^ "McDonald's hires Web trainer". Chicago Sun-Times. July 17, 2001. Retrieved December 29, 2011.
  4. ^ eLearnity
  • 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