Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Absorb Software Acquires Koantic, a Cloud-Based Content Authoring Solution

Latest Acquisition Reinforces Position as the Most Holistic Learning Platform in the Industry

Absorb Software, provider of the Absorb Learning Management System (LMS) and Absorb Infuse,  announced the acquisition of Koantic, a cloud-based course authoring tool.

The demand for engaging, interactive eLearning content that can be created quickly continues to grow. Unlike complicated desktop solutions from legacy vendors—or overly simplified cloud-based solutions—Koantic’s unique combination of an intuitive, web-based interface and full-featured course authoring meets the needs and expectations of today’s market.

Recommended AI News: Dark Cubed Receives Patent for Anonymous Network Threat Detection and Prevention Capability

“We went through an extensive search to find not only the best course authoring tool to complement Absorb LMS, but the best authoring tool, period. Koantic is that product,” said Mike Owens, founder and CEO of Absorb Software. “The Koantic acquisition keeps Absorb moving forward on a path of strong growth and market expansion. It also reinforces our position as a truly all-in-one learning platform at a time when intuitive, powerful tools are a differentiator for businesses.”

Related Posts
1 of 26,751

Absorb plans to integrate the course builder with its LMS while continuing to offer it as stand-alone product—which will soon be renamed Absorb Create.

Recommended AI News: Red Hat Advances Kubernetes Across the Cloud-Native Toolchain with Updated Developer Portfolio

“The current course authoring market includes many complex legacy tools that are expensive and difficult to use,” said Romain Gagnon, CEO of Koantic. “Our customers love that Koantic is a powerful, yet easy-to-use tool that ‘works like my brain does.’ In that sense, Absorb and Koantic complement each other perfectly. They’re both intuitive, best-in-class solutions on their own, and together, they offer the best end-to-end eLearning platform on the market.”

Koantic is the fourth eLearning company acquired by Absorb since 2019, following the Torch LMS, eLogic Learning and ePath Learning acquisitions last year.

Absorb Software is a portfolio company of Silversmith Capital Partners. Dentons Canada LLP and Choate Hall & Stewart served as legal counsel to Absorb Software.

Recommended AI News: Ness Digital Engineering and Snowflake Expand Partnership

3 Comments
  1. asmr for says

    I am sure this paragraph has touched all the internet
    users, its really really pleasant paragraph on building up new
    website.

  2. bitly.com says

    Today, while I was at work, my sister stole my iPad and tested to
    see if it can survive a 40 foot drop, just so she can be a youtube sensation. My iPad is now broken and she has 83
    views. I know this is entirely off topic but I had to share it with someone!

  3. bit.ly says

    Good information. Lucky me I found your website by accident
    (stumbleupon). I’ve book-marked it for later!

Leave A Reply

Your email address will not be published.