Learning Technologies Group april 2014

HEDLINE: Learning Technologies Group acquires LINE Communications for £9 million


UK-based Learning Technologies Group plc (LTG), parent company of Epic, announced the acquisition of LINE Communications for £9 million. £5.1m will be paid in cash and £3.9m in new LTG shares.

Combined LINE and Epic will form the UK market leader in the e-learning custom content market according to the press release. The senior management team of LINE, including Piers Lea, its CEO, will remain with the business.

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Kay Alexander is the co-founder and creative director of EDUKWEST. You can follow him on Twitter, Facebook or Google+