Investor Invests In B2B e*Learning.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--May 25, 2000 Investor Growth Capital, wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Investor AB Investor AB is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family. The company owns a controlling stake in several large Swedish companies. In 2006 it had a market value of 119 billion kronor (€13 billion). ($16 billion). , is investing in SamSari Education, a start-up company start-up company A new business. offering Web-based education in business and management to corporate customers. "We are investing in SamSari since their business concept is perfect in timing," says Hakan Jansson, responsible for IT investments at Investor Growth Capital. "Human Capital is a company's most important resource, and companies realize that continuous competence development is key for attracting and keeping the work force. SamSari uses innovative pedagogy, leading to better learning per krona kro·na 1 n. pl. kro·nur See Table at currency. [Icelandic króna, from Old Norse kr invested -- an offer that we are convinced will appeal to many companies." At present, SamSari is running courses for Skanska and Oriflame. The launch of the full course offering is planned for the autumn. Owners in SamSari, apart from the founders and Investor AB, are members in SamSari's Advisory Board, consisting of, among others, Professor Lars Jonung of the Stockholm School of Economics The Stockholm School of Economics or Handelshögskolan i Stockholm is a business school and private university in Stockholm, Sweden. It was founded in 1909 to improve business education in Sweden. Controlled by a private trust, it also receives government support. ; Robert af Jochnick, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Oriflame International, and Bjorn Alsen, partner in Arthur D. Little Arthur D. Little, Inc. is the world's first management consulting firm. Founded in 1886 by Arthur Dehon Little, an MIT chemist who discovered acetate, and co-worker Roger Griffin, in Cambridge, Massachusetts, Arthur D. Little pioneered the concept of contracted technology research. , Inc. Enclosed: Fact sheet about SamSari Education www.samsari.com "The next big killer In public health, a big killer is a disease or other major cause of loss of human life.
2002 application for the Internet is going to be education. Education over the Internet is going to be so big it is going to make e-mail look like a rounding error." John Chambers CEO, Cisco Systems "e*Learning will revolutionize training the way airplanes changed transportation.(...) e*Learning will drive knowledge closer to meaningful organizational results by enabling the enterprise employee to share best-practices and apply expert thinking to their daily jobs." Doug Donzelli CEO, Pensare SamSari - dedicated to learning SamSari offers web-based education within business and leadership to corporations. We strive to be the partner of choice for companies that excel in competence development. This we achieve by helping our customers gain better and more cost-efficient learning as well as increased best- practice-sharing within the organisation. We want our education to catalyse catalyse or US -lyze Verb [-lysing, -lysed] or -lyzing, -lyzed to influence (a chemical reaction) by catalysis Verb 1. the customer's knowledge sharing. Our course offering consists of some thirty courses within business and leadership. These courses are partially customised following the needs of our clients, especially in exercises and discussions. Through a unique pedagogical ped·a·gog·ic also ped·a·gog·i·cal adj. 1. Of, relating to, or characteristic of pedagogy. 2. Characterized by pedantic formality: a haughty, pedagogic manner. model, SamSari creates a continuous learning process during an extended period of time. We partner with content providers within academic institutions, such as the Stockholm School of Economics, in order to guarantee quality and latest knowledge content. Today we work with corporate customers such as Skanska and Oriflame, companies that work progressively with learning and new technology. They have chosen SamSari because they see great potential in the courses' ability to improve company learning and internal communication through a uniquely cost-effective medium. The main owners in SamSari are the founders and Investor. Other owners are the members of SamSari's Advisory Board, consisting of among others Lars Jonung (professor Stockholm School of Economics), Robert af Jochnick (founder & CEO Oriflame International) and Bjorn Alsen (partner Arthur D. Little Inc.). SamSari was founded by Pia Engholm and Gisli Hennermark, has five employees and expects an aggressive growth, both in Sweden and internationally. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/25/20000525BIT01110/bit0001.doc http://www.bit.se/bitonline/2000/05/25/20000525BIT01110/bit0002.pdf |
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