Valamis
 Logo since May 17, 2018 | |
 Valamis's headquarters in Joensuu | |
| Formerly | Arcusys Ltd. (2003–2018) |
|---|---|
| Industry | Enterprise software Educational technology |
| Founded | 18 December 2003 |
| Founders | Jussi Hurskainen (CEO) Mika Kuikka (President) Kyösti Nevalainen Mikko Taivainen |
| Headquarters | , |
Area served | Worldwide |
| Products | Valamis - Learning Experience Platform |
| €9.8 million (2018)[1] US$11.43 million | |
Number of employees | 180 (2018) |
| Parent | Adelis Equity Partners |
| Subsidiaries |
|
| Website | www |
Valamis Group Ltd. is a Finnish enterprise software company headquartered in Joensuu, Finland. It is the developer of Valamis, an e-learning software used by enterprises and universities for online learning.
History
[edit]Arcusys was founded on December 18, 2003,[2] by Jussi Hurskainen, Mika Kuikka, Kyösti Nevalainen and Mikko Taivainen. In the early years, Valamis' main business was working as a subcontractor for large manufacturing corporations. When the technology development took off within the company in 2007, Valamis started work with universities.
In 2012, Arcusys acquired the software company Fudeco Ltd[3] and expanded its offices to Oulu, Finland.[4]
In 2016, the company acquired the predictive analytics company Olapcon Ltd.[5]
In May 2018, Arcusys changed its name to Valamis.[6]
In January 2019, Valamis acquired the software company Componence Services B.V. and opened an office in Amsterdam.[7]
In December 2020, Valamis was acquired by Adelis Equity Partners. Adelis acquired shares from the passive shareholders and invested growth equity in the company through a private offering.[8][9]
In July 2021, Valamis acquired the digital learning management software company The Working Manager Limited (TWM).[10]
References
[edit]- ^ "Valamis Group Oy - Y-tunnus: 1867943-7 - Yritystiedot, taloustiedot, päättäjät & hallituksen jäsenet". www.finder.fi (in Finnish).
- ^ "Valamis Group Oy". tietopalvelu.ytj.fi. The Business Information System BIS. 2003-12-08. Retrieved 2018-05-16.
- ^ "Company Overview of Fudeco Oy". www.bloomberg.com. Bloomberg. 2012-10-09. Retrieved 2018-06-19.
- ^ "Arcusys ostaa oululaisen Fudecon". karjalainen.fi (in Finnish). 2012-10-09. Retrieved 2012-10-09.
- ^ "Nasan kumppani osti itärajalta it-talon". www.tivi.fi (in Finnish). 2016-10-31. Retrieved 2018-06-19.
- ^ Valamis. "Arcusys Announces Corporate Name Change to Valamis". www.prnewswire.com. Retrieved 2022-10-20.
- ^ "Valamis Expands to the Netherlands through Acquisition of Componence". www.valamis.com.
- ^ Punshi, Eliza (4 January 2021). "Adelis buys stake in Finnish digital learning firm Valamis". Unquote. Retrieved 31 August 2021.
- ^ "Acquisition of Valamis by Adelis Equity Partners - Carner". Carner. Retrieved 31 August 2021.
- ^ "Prism facilitates sale of learning management platform provider TWM". Cambridge Network. Retrieved 31 August 2021.