Sayonara SmartForce

SkillSoft and SmartForce Complete Merger; Commence Operations as SkillSoft
Merger Creates Global Leader in Corporate e-Learning

Nashua, NH and Redwood City, CA - September 6, 2002 - SkillSoft Corporation (Nasdaq: SKIL) and SmartForce (Nasdaq: SMTF) today announced the closing of the merger of the two companies. ... SmartForce intends to do business under the operating name of SkillSoft. The company will pursue legally changing its official name to SkillSoft in the near future.

Headquarters: Corporate headquarters of the combined Company will be in Dublin, Ireland; North American headquarters and executive offices will be in Nashua, New Hampshire.

Senior Management:

• Greg Priest, Chairman and Chief Strategy Officer
  
• Chuck Moran, President and Chief Executive Officer
  
• Tom McDonald, Chief Financial Officer and Executive Vice President, Operations
  
• Jerry Nine, Executive Vice President, Global Sales & Marketing &
  General Manager, Content Solutions Division
  
• Mark Townsend, Executive Vice President, Software Development
  
• Colm Darcy, Executive Vice President, Content Development

Oof. Millions and millions building a brand that lasted less than three years.

Posted by Jay Cross at September 8, 2002 12:18 AM | TrackBack