Saba to Combine With Online Learning and Training Solution Provider Centra Software
REDWOOD SHORES, Calif. and LEXINGTON, Mass., October 6, 2005—Saba (NASDAQ: SABA), a leading provider of human capital management (HCM) solutions, and Centra Software, Inc. (NASDAQ: CTRA), a leading provider of software and services for online learning and training, today announced that they signed a definitive agreement pursuant to which Saba agreed to acquire Centra for a combination of Saba stock and cash.