Pathlore Acquires DKSystems; Pathlore Market Share Now Tips 36 Percent

According to DKSystems founder and CEO Dave Kripke and Pathlore CEO and President Steve Thomas, both companies share a common approach to the market in terms of building quality solutions, while minimizing total cost of ownership. Kripke added, “DKSystems believes its customers are in good hands with Pathlore.” Said Thomas, “We intend to continue to deliver world-class support for DKSystems’ products, and deliver the next generation LMS to DKSystems’ customers whenever that update makes sense for them. We will incorporate the best of DKSystems’ technology into the Pathlore LMS.”

The acquisition gives Pathlore additional solution-delivery resources. Specifically, Pathlore will add Chicago-based development, sales, services and support staff to its operations, leveraging existing DKSystems staff and facilities. The acquisition also boosts Pathlore’s market share lead. In a recently published report titled “Learning Management Systems 2004: Facts, Practical Analysis, and Trends for Corporate Buyers, Vendors, and Consultants,” e-learning researchers at Bersin & Associates state that, “Based on total market experience (number of customers), the leaders are Pathlore and DKSystems.”

According to the report, Pathlore’s share of the market’s total customer base equals 20 percent. DKSystems, with a 16 percent share, follows Pathlore. SumTotal Systems trails both vendors with a 12 percent share. Pathlore’s acquisition of DKSystems now gives Pathlore a 36 percent share of the LMS market as measured by number of customers. “These new clients include many of the leading global brands in financial services, manufacturing, retail, healthcare, energy and utilities,” said Thomas.

DKSystems’ clients include more than 50 global enterprises each with annual revenues of $1 billion or more. Fifteen of these customers’ annual revenues exceed $10 billion. In addition, Pathlore’s acquisition of DKSystems adds more than 50 U.S. federal, state and local government organizations to Pathlore’s industry-leading roster of public sector clients.

About Pathlore
Pathlore Software Corporation provides the most widely adopted learning management solution in the world. Over 1,000 organizations and millions of users rely on Pathlore to optimize their business performance. Whether business performance depends on getting sales channels up to speed quickly on new products, increasing quality and customer satisfaction, or reducing costs associated with regulatory compliance, Pathlore learning management solutions ensure that clients achieve the maximum return on their investment in people. Pathlore clients include DaimlerChrysler, Delta Air Lines, Novartis, PNC Bank, U.S. Bancorp, government agencies on three continents and more than 100 health care organizations. For more information, go to http://www.pathlore.com

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