EdCast Acquires Leapest, the Leading Corporate Training Marketplace with 1,600 Business Customers

EdCast expands its blended learning offerings by adding Leapest, an
online marketplace for corporate training with 5,000 learning products
and a focus on high-tech upskilling, to EdCast’s knowledge management
offerings

MOUNTAIN VIEW, Calif. & ROTTERDAM, Netherlands–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AI?src=hash” target=”_blank”gt;#AIlt;/agt;–EdCast,
known as the operating system for the knowledge economy, announces the
acquisition of Rotterdam-based Leapest.
Founded in 2017, Leapest hosts three integrated training resource
marketplaces on one platform, featuring over 5,000 learning products and
instructors from all over the world.

The CEO and Founder of Leapest, Sukhbir Jasuja, will be joining EdCast
as its Executive Vice President and Managing Director of EdCast’s
Blended Learning Marketplace. In conjunction with Annee Bayeux (EdCast’s
Chief Customer Officer for Europe), Jasuja will help lead EdCast’s new
European operations. This acquisition will accelerate EdCast’s rapid
growth in Europe and expand the company’s blended learning capabilities.

With this step, EdCast also builds upon its success with ContentExchange,
the global learning content marketplace focused on workforce upskilling.

“We are thrilled to add Leapest and its team to our expanding blended
learning and ContentExchange capabilities,” said Karl Mehta, CEO and
founder of EdCast. “EdCast is weaving together the key aspects of
enterprise training on one integrated Knowledge Cloud platform, creating
a unique, critical ecosystem for learning, training and knowledge
management.”

Since launching its marketplace two years ago, Leapest continues to grow
at an exponential pace. With over 1,600 business buyers from more than
100 countries, Leapest is attracting dozens of new business buyers per
week. In addition to its variety of product offerings, Leapest stands
out for the integrated cloud-based training delivery environment it
offers to L&D departments, corporate universities and training providers.

“We are excited about creating better learning experiences and bringing
more choice and convenience for all actors involved in corporate
training by joining forces with the global team at EdCast,” said Sukhbir
Jasuja, CEO of Leapest. “We look forward to supporting enterprises
building the workforces of the future by creating abundant opportunities
for learning and upskilling through our marketplace.”

Global industry analyst Josh Bersin discussed the acquisition in an article
published recently, stating:
“This acquisition demonstrates how the
LXP market is growing up. By acquiring Leapest, EdCast becomes both an
LXP and a true content network, adding LMS features as well. This
changes the game, and has the potential to add tremendous new value for
corporate training buyers.”

About EdCast

EdCast
is the AI-Powered Knowledge Cloud solution for unified discovery,
personalized learning and knowledge management across the enterprise.
Its award-winning platform is used internationally by Global 2000
companies and large government organizations, including NASSCOM
and World
Economic Forum
, to solve the discovery and curation problems across
all external and internal knowledge sources. EdCast’s offerings include
its Learning Experience Platform (LXP) and MyGuide’s
in-app guides, intelligence, and automation for business software.
Follow on Twitter @EdCast.

About Leapest

Leapest
offers a corporate learning marketplace for training content
(courseware, eLearning, business simulations, labs), industry
certifications and instructor service. Enterprises can define and design
the training activities for their teams and have control of creating the
learning experiences by being able to choose the content and instructors
they need. Leapest is architected for agility, scalability, and
reliability; the marketplace model enables enterprises and training
providers to offer a variety of learning options and create scalable
programs while controlling costs. Leapest pioneers a training resources
ecosystem that engenders both transparency and a strong spirit of
sharing.

Contacts

Jeffrey A. Roth
+1 844-833-2278
Marketing@EdCast.com

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