30th January 2012

Bluedrop Performance Learning Goes Public

BlueDropBluedrop Performance Learning started a new era of business when the TSX Venture Exchange opened this past Friday. A recently completed business transaction with Serebra Learning Corporation will see Bluedrop, long recognized as a pioneer and thought leader in eLearning, become Canada’s largest full service eLearning company. It becomes one of the few technology companies from Atlantic Canada to cross over the Public trading threshold.

Emad Rizkalla, President and CEO, said the timing for the business was just right. “Bluedrop and Serebra shared a similar vision. We were both interested in changing the world and determined to make a positive impact by combining innovation with a passion for accessible learning that helps individuals and companies succeed.”

Bluedrop now has over 100 employees in five (5) offices throughout Canada. This number is expected to increase dramatically over the next 18 months as new projects are kicked off and opportunities are realized.

“The combination of technology, people and experience that we now have around the table means great things for Bluedrop. We will reduce our product roadmap for CoursePark® by one year and gain immediate access to markets in South America,” said Rizkalla.

The company will keep the name Bluedrop Performance Learning and trade on the TSX Venture Exchange under the symbol TSX-V: BPL.

This entry was posted on Monday, January 30th, 2012 at 11:05 am and is filed under Business News, Careers, Education, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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