Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Xerox Acquiring E-Learning Company LearnSomething

Broadening its focus on web-based information programs that meet the regulatory, operational, continuing education, and internal training needs of companies, Xerox (NYSE: XRX  ) announced this morning it is acquiring digital education solutions provider LearnSomething for an undisclosed sum.

The e-learning specialist focuses particularly on the food, drug, and health care industries, and delivers programs to 85% of all U.S. retail pharmacy chains, reaching more than 110,000 retail pharmacists.

Xerox COO of Commercial Services Business Connie Harvey said: "Xerox became one of the largest providers of customer care services to the pharmaceutical, biotech and health care industries when we acquired TMS Health in 2010. The addition of LearnSomething broadens our capabilities tailored for these fast-growing industries and gives our clients the advantage of a progressive e-learning platform for the rapid deployment of relevant information and education tools."

LearnSomething's technology allows pharmaceutical and packaged goods manufacturers to deliver instant messages about new and updated products to pharmacy and retail staff, which they can convey to consumers.

The company will be known as "LearnSomething, a Xerox company," upon completion of the transaction. The company's 50 employees will continue to be led by LearnSomething President and CEO Steve Roden.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2473360, ~/Articles/ArticleHandler.aspx, 10/1/2016 6:49:44 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 9 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:01 PM
XRX $10.13 Down -0.05 -0.49%
Xerox CAPS Rating: ****