Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation.
The global learning company said on Monday it had agreed to buy Credly in a deal that valued it at $200 million, in its latest move to respond to the demand for workforce training in areas like IT. Pearson already owned 20%.
"Showing the world in this new form of digital resumes .. what credentials you have can make you ultimately either a better employee or more employable," he said. Credly partners with organisations such as IBM, Microsoft and Amazon Web Services to provide certifications, or digital credentials, to workers both inside their firms and out who have attained a certain level with their product. Based in the United States, half of the people earning credentials on the platform are outside America, with India one of its biggest markets.
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