Draft:Absorb Software

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  • Comment: None of this is the kind of in depth secondary source coverage we need. Stuartyeates (talk) 10:12, 17 April 2024 (UTC)


Absorb Software is an AI-powered learning management system (LMS) provider and learning experience platform (LXP) provider.[1] It is designed for organizations that provide learning and development (L&D), customer training, and corporate training programs.[2]  

History[edit]

Absorb Software was founded in 2003 by Mike Owens and Mike Eggermont.[3] The company is headquartered in Calgary, Canada[4] with subsidiaries in Florida (USA), Dublin (Ireland), London (United Kingdom), and Sydney (Australia), and a remote workforce worldwide. In 2017, the company secured $59 million in funding led by Silversmith Capital Partners. In April 2021, Welsh, Carson, Anderson & Stowe acquired Absorb Software[5]. The CEO[6] is Kimberly Williams[7], she also serves as Chairperson.  

References[edit]

  1. ^ "Parker: Absorb Software a success story for Calgary's high-tech industry". Calgary Herald. February 20, 2020.
  2. ^ "Absorb Software To Be Acquired By US Private Equity Firm At $630 Million CAD Valuation". betakit.com. April 20, 2021.
  3. ^ "WCAS to acquire Absorb Software from Silversmith Capital Partners - Private Capital Journal". Private Capital Journal. April 20, 2021.
  4. ^ "Calgary software company valued at $500M in acquisition deal". Calgary Herald. April 20, 2021.
  5. ^ https://www.cbc.ca/news/canada/calgary/absorb-software-calgary-1.5995239
  6. ^ "Kimberly Williams".
  7. ^ "Kimberly Williams, nee Dolan 1987 | Michigan Ross". michiganross.umich.edu.