Today, Watershed has been acquired by Learning Technologies Group plc (LTG), and we’re pumped about it.
Why us?
In less than three years, we’ve become the go-to Learning Record Store (and Learning Analytics) provider for Fortune 500 organizations across the globe. Heck, we coined the terms learning analytics and Learning Analytics Platform in the context of corporate L&D, and now it’s part of the industry lexicon.
But we didn’t do it alone—our clients have used the insights from Watershed to not only increase operational efficiency and reduce unnecessary spend, but also improve the overall experience of their learners.
Why now?
We start each morning by defining our most important focus for the day. And, recently, Mike has realized that in the midst of health and personal challenges, his most important focus is his health and well-being (he’s had a rough year).
Why LTG?
As we looked for a home for Watershed, LTG was a natural fit. Especially as Mike will yield oversight to Watershed’s co-founder (and longtime enthusiast), Tim Martin, as he continues to work as LTG’s chief innovation and product officer. Furthermore, LTG has been emotionally and financially invested in Watershed since its inception.They’ve continued to believe in and support our product, vision, and team—and the feelings are mutual.
What’s changing?
It’ll pretty much be business as usual. That said, here are a few things to look forward to:
- We have a shared mission—transforming corporate training to be more strategic and data driven. This alliance means corporate L&D will continue to grow and thrive.
- We won’t play favorites. We value our partnerships with technology and integration partners. That’s why we’ll continue to provide clients with the best solutions to their challenges, only suggesting LTG’s offerings when they’re the best options for clients’ challenges.
What’s next?
No one can predict the future, but we have a great feeling about what’s to come. Remember, Watershed is made up of an incredible group of people who constantly push themselves, each other, and the product to be better every day. Developing the world’s most comprehensive learning analytics technology is a big deal, and we take that extremely seriously.
“And that’s all we have to say about that.”
Let us know if there’s something we didn’t cover, and we’ll get back to you as soon as we can.
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