Learning Management Systems Acquired by Callidus Software, Inc. (CALD)
Callidus Software, Inc. is the market and technology leader in sales performance management software. The company's award-winning Software-as-a-Service (SaaS) applications set the standard for performance management of a firm's sales force and channel partners, giving their customers a competitive advantage. The company announced today it has acquired leading Learning Management Systems (LMS) vendor, Litmos Limited. Litmos has quickly gained recognition as the easiest rapid learning management system on the web. It is a fast-growing online training system with 150 clients and is winning approximately 12 new customers per month. Litmos' platform delivers a self-service online training system that makes the…