DigitalThink

Last updated
DigitalThink, Inc. (acquired by Convergys)
Industry Software & Programming
Founded1996
HeadquartersSan Francisco, California
ProductseLearning Software

DigitalThink was an electronic learning (eLearning) company. Founded in 1996 by Umberto Milletti, Pete Goettner and Steve Zahm [1] At one time it was termed a Business Solution Provider (BSP) but would likely be viewed in modern terms as a software-as-a-service (SaaS) model.[ citation needed ]

DigitalThink was one of the first eLearning companies to incorporate online mentors and tutors into their offering. [2] A notable accomplishment of the company was to secure a deal with McDonald's corporation to provide McDonald's with a global, web-based training program. [3]

Acquisition by Convergys Corporation

The company was acquired in March 2004 by Convergys Corporation for $120 million, or approximately $2.40 per share. [4]

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References

  1. Lelic, Simon. Knowledge Management Magazine, (Volume 4, Issue 6) "The future is 'e'"
  2. The Knowledge Web
  3. "McDonald's hires Web trainer". Chicago Sun-Times. July 17, 2001. Retrieved December 29, 2011.
  4. eLearnity