Valamis
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|
 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. The company maintains additional offices in countries such as the United States, United Kingdom, Germany, India, and the Netherlands.[2]
The main product of the company is an online learning platform and learning management system (LMS).[2][3]
History
[edit]Arcusys was founded on 18 December 2003,[4] 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[5] and expanded its offices to Oulu, Finland.[6]
In 2016, the company acquired the predictive analytics company Olapcon Ltd.[7]
In May 2018, Arcusys changed its name to Valamis as part of strategic efforts to focus on its core digital learning platform.[8]
In January 2019, Valamis acquired the software company Componence Services B.V. and opened an office in Amsterdam.[9]
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.[10][11]
In July 2021, Valamis acquired the digital learning management software company The Working Manager Limited (TWM).[12]
References
[edit]- ↑ "Valamis Group Oy - Y-tunnus: 1867943-7 - Yritystiedot, taloustiedot, päättäjät & hallituksen jäsenet". www.finder.fi (in Finnish).
- 1 2 Haaramo, Eeva (3 May 2024). "Four Finns selected among top edtech companies". www.goodnewsfinland.com. Retrieved 17 January 2026.
- ↑ "Valamis Learning Platform: Smarter Learning for Business Growth". Valamis. Retrieved 20 January 2026.
- ↑ "Valamis Group Oy". tietopalvelu.ytj.fi. The Business Information System BIS. 8 December 2003. Retrieved 16 May 2018.
- ↑ "Company Overview of Fudeco Oy". www.bloomberg.com. Bloomberg. 9 October 2012. Retrieved 19 June 2018.
- ↑ "Arcusys ostaa oululaisen Fudecon". karjalainen.fi (in Finnish). 9 October 2012. Retrieved 9 October 2012.
- ↑ "Nasan kumppani osti itärajalta it-talon". www.tivi.fi (in Finnish). 31 October 2016. Retrieved 19 June 2018.
- ↑ Valamis. "Arcusys Announces Corporate Name Change to Valamis". www.prnewswire.com. Retrieved 20 October 2022.
- ↑ "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.