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Reading: eLearning Brothers Makes Third Acquisition With Corporate Training Services Provider CoreAxis
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EdTechReview > News > eLearning Brothers Makes Third Acquisition With Corporate Training Services Provider CoreAxis
News

eLearning Brothers Makes Third Acquisition With Corporate Training Services Provider CoreAxis

Shalini Pathak
Shalini Pathak Published May 4, 2022
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eLearning Brothers Makes Third Acquisition With Corporate Training Services Provider CoreAxis
eLearning Brothers Makes Third Acquisition With Corporate Training Services Provider CoreAxis
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eLearning Brothers, the learning services and technology company, announced that it has acquired CoreAxis, a creative training design, development, and on-demand learning resource provider.

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Founded by Mark Zides, CoreAxis provides corporate training services and Staff Augmentation solutions, including custom blended learning and leadership development experiences, and scalable, mobile custom content development. The platform delivers an agile, on-demand, and flexible resource solution that enables learning and development initiatives to scale and deliver measurable results.

The company is on a mission to deliver premier custom training solutions to meet one’s unique needs.

Commenting on the acquisition, Founder and CEO of CoreAxis, Mark Zides, said:

“Since our founding, CoreAxis has been focused on creating impactful learning experiences for our clients through the custom creation of content, and our on-demand learning experts. This acquisition provides a tremendous opportunity for our customers and talented associates to be part of the most exciting growth story in our industry. Adding global resources and a robust learning platform will position our combination for immediate success and long-term growth. My team is energized to embark on this exciting next chapter.”

With a 98% client retention rate, CoreAxis demonstrates a proven track record for increasing training metrics directly correlated to employee performance, maximized skills, and measurable ROI for the business.

Started in 2009 by Andrew Scivally, eLearning Brothers offers products and services that help organizations create better learning experiences. Using industry-leading solutions, organizations can create and deploy effective and engaging learning. It’s suite of products and services includes custom learning design and development, learning platforms, and development tools for creating interactive mobile learning, virtual reality, video-based coaching, and gaming learning experiences that rock.

It also specializes in custom-designed eLearning that delights the customers with deeply immersive and visually explosive eLearning experiences. The platform helps companies create online learning twice as fast, and can help them make it twice as effective and more engaging for the learners.

Speaking on the collaboration, Founder and CEO of eLearning Brothers, Andrew Scivally, said:

“We are on a mission to be the one-stop for companies that want to create better learning experiences. We are uniquely positioned in the learning industry with creation tools, emerging technology, and learning services all under one roof. By bringing CoreAxis, a world-class, award-winning custom content provider with scalable Staff Augmentation services, into the fold, we can provide an exciting expanded new capability to our array of learning offerings. CoreAxis works with some of the world’s top brands, and manages 2,500+ contract instructional designers and developers dedicated to helping clients achieve their goals.”

In the past, organizations have had to partner with multiple vendors and providers to cover all their training needs, using one vendor’s learning management system and a different tool to create eLearning content, all while maintaining multiple content and stock asset library subscriptions.

With all those services and needs covered by eLearning Brothers, organizations can save time and money while experiencing a more seamless learning development process.

The recent deal marks eLearning Brothers third acquisition in 2022. Earlier this year, the company acquired Rehearsal, a video-based coaching and practice platform, and Origin Learning, an India-based company that provides learning design, development, and technology solutions.

TAGGED: Blended Learning, CorporateTraining, Digital Learning, EdTech Acquisition, Mergers & Acquisitions
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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