Lynda.com Acquires European Online Learning Company Video2brain
Acquisition of Multi-Language Library and Operations Allows lynda.com to Reach More People Worldwide
lynda.com announced this acquisition less than one month after the news of its $103 million growth equity investment that positioned it for expanded opportunities in technology, content and international expansion.
“This acquisition is an investment in our future as we see a huge growth opportunity in new and emerging markets that demand multi-lingual educational content,” said Eric Robison, lynda.com president and CEO. “We have long envisioned the company providing content in multiple languages. The two options were to organically grow that capability from scratch, or find a company aligned with our culture and business model. What video2brain has built in 11 years is impressive and we are fortunate to welcome their employees, members, partners and authors to lynda.com.”
Now a branded division of lynda.com with a team of more than 60 people, video2brain provides an extensive multi-lingual library of 1,700 video courses covering many of the same categories as lynda.com. Based in Graz, Austria, the video2brain brand has over 400,000 subscribers who purchase access to the library either through individual and multi-user subscriptions, or through DVD and single-course downloads.