St. John’s, NL – Bluedrop Performance Learning will start a new era of business when the TSX Venture Exchange opens on 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 suceed.”
Bluedrop now has over 100 employees in five (5) different offices throughout Canada. This number is expected to increase dramatically over the next 18 months as new products are kicked off and opportunities are realized.
“The combonation 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.