LearnSomething is a provider of custom e-learning solutions and consumer education for the food, drug and healthcare industries. The company delivers industry information and educational programs to 85 percent of all U.S. retail pharmacy chains, reaching more than 110,000 retail pharmacists. Food and drug retailers use the company's e-learning platform, Learner Community, to complete regulatory compliance courses. In June 2013, LearnSomething was acquired by Xerox. The valuation of LearnSomething was undisclosed. Other terms of the deal were not released.
Latest LearnSomething News
May 18, 2015
The company picked up a health care and drug e-learning provider, LearnSomething, in 2013 Tweet Xerox (NYSE: XRX) has acquired Healthy Communities Institute. The Berkeley, California-based-target operates a cloud-based Software-as-a-Service that provides community health and socioeconomic information to hospitals, public health agencies and community coalitions. The software aims to help providers understand community demographics, risk factors and disease distribution. Terms of the transaction were not disclosed. The Affordable Care Act and demand for improved quality of care are factors driving opportunities for Xerox, and population-based insights are critical as the healthcare system shifts to a value-based model, said Justin Lanning, senior vice president at Midas+, a Xerox company that provides medical software. The ACA has been behind many of the deals we've seen in the health care space, especially technology deals. With an increase in patients, care providers are looking for ways to serve the population, improve patient outcomes and decrease costs. For more, see 5 Technologies That Drove Health Care M&A in 2014 . This isn't Norwalk, Connecticut-based Xerox's first health care-related purchase. In June 2013, the business bought LearnSomething Inc ., which provides e-learning services to the food, drug and health care industries.
LearnSomething Frequently Asked Questions (FAQ)
When was LearnSomething founded?
LearnSomething was founded in 1993.
Where is LearnSomething's headquarters?
LearnSomething's headquarters is located at 2457 Care Drive, Tallahassee.
What is LearnSomething's latest funding round?
LearnSomething's latest funding round is Acquired.
How much did LearnSomething raise?
LearnSomething raised a total of $4M.
Who are the investors of LearnSomething?
Investors of LearnSomething include Xerox and Noro-Moseley Partners.