SumTotal Systems

"SumTotal" redirects here. For the mathematical operation, see Summation.
SumTotal Systems, Inc.
  • SumTotal
  • Sumtotal Systems LLC
IndustrySoftware
Predecessors
  • Asymetrix
  • Docent Software
Founded
  • 1985 (as Asymetrix)
  • 1997 (as Docent Software)
  • 2003 (as SumTotal Systems)
Headquarters
Gainesville, Florida
,
USA
Key people
Ronald Hovsepian, CEO
Jeffrey Laborde, CFO
Owner
Websitewww.sumtotalsystems.com

SumTotal Systems, Inc. is a software company based in Gainesville, Florida, that provides human resource management software and services to private and public sector organizations.[1] The company uses multiple cloud-based channels, including software as a service (SaaS), hosted subscription, and premises-based licensure.

In September 2014, it was acquired by SkillSoft, a provider of online learning to corporate training organizations.[2] In June 2022, SkillSoft announced its intention to sell the company for approximately $200 million.[3]

On August 25, 2022, Cornerstone OnDemand, Inc. announced that it had completed the acquisition of SumTotal.[4][5]

  1. ^ "SumTotal Systems, Inc. | Company profile from Hoover's". Hoovers.com. Archived from the original on 2010-07-07. Retrieved 2010-07-05.
  2. ^ Cite error: The named reference forbes-acquire was invoked but never defined (see the help page).
  3. ^ "Cornerstone acquires SumTotal, marking 'the end of an era'". Chief Learning Officer - CLO Media. Retrieved 2022-12-22.
  4. ^ "Clearlake Capital-Backed Cornerstone Completes Acquisition of SumTotal". Sumtotal Systems. Retrieved 2022-12-22.
  5. ^ "Cornerstone Completes Acquisition of SumTotal". Training Industry. Retrieved 2022-12-22.