Course Merchant will be delivered as part of
D2L's suite of products
TORONTO,
May 10,
2023 /CNW/ - D2L Inc. (TSX: DTOL)
("D2L" or the "Company"), a leading global learning
technology company, today announced the acquisition of
Connected Shopping Ltd., a SaaS e-commerce and course catalog
company and maker of Course Merchant. The companies already have a
longstanding integration partnership, and this acquisition will
allow D2L to deliver Course Merchant as a part of its own suite of
products to address the growing needs of higher education and
training organizations worldwide.
Course Merchant is designed for selling courses online and
currently serves more than 200 global customers across the higher
education and corporate markets. The platform offers a front-end
course catalog, coupled with a robust and efficient payments and
enrollments system, to support continuing education and workforce
development organizations servicing the upskilling market.
"We are focused on making it easier for learners to register for
online courses. Course Merchant's seamless, modern e-commerce
experience helps provide the ongoing support necessary to help
accelerate the growth of our clients. Today's acquisition is a
natural extension of our already successful relationship, and we
anticipate that this will translate into new ways for our clients
to reach learners," said John Baker,
CEO of D2L. "We welcome Course Merchant employees and customers to
D2L and look forward to continuing to offer our world-class level
of support as we undertake this acquisition."
"Uniting the Course Merchant solution with the full-cycle D2L
Brightspace learning innovation platform is a win-win for our
shared clients," said Richard
Standen, Managing Director of Connected Shopping Ltd. "We
are incredibly enthusiastic about becoming a part of the innovative
team that has made Brightspace one of the industry's leading
learning platforms."
In the coming months, Connected Shopping Ltd. will continue to
serve its worldwide customer base under its current brand, as a D2L
Company, and will maintain its existing operations in the UK. D2L
will continue to offer Course Merchant as an optional add-on to its
Brightspace learning innovation platform. Course Merchant's
UK-based team will be added to D2L's global organization. Financial
terms were not disclosed.
About D2L Inc. (TSX: DTOL)
D2L is transforming the way
the world learns—helping learners of all ages achieve more than
they dreamed possible. Working closely with customers all over the
world, D2L is supporting millions of people learning online and in
person. Our global workforce is dedicated to making the best
learning products to leave the world better than they found it.
Learn more at www.D2L.com.
SOURCE D2L Inc.