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Kahoot! Acquires Danish Employee Engagement Platform Actimo
Wednesday 16 September 2020

Norway-based learning platform company Kahoot has acquired Denmark-based employee engagement platform Actimo, the company said.

Kahoot! is acquiring 100% of the shares in Actimo ApS for a total consideration reflecting an enterprise value of USD 26-33m on a cash and debt-free basis, to be settled in a combination of cash and shares, including a performance-based element.

Completion of the transaction is subject to customary conditions and the transaction is expected to be completed in October 2020.

Kahoot's game-based learning platform enables organisations to create presentations, training, events, and virtual learning.

The acquisition of Actimo is a part of the strategy to strengthen the Kahoot! at work offering with employee tools to further enable all organisations to build their corporate culture.

Actimo enhances Kahoot!'s corporate learning and engagement tools by combining the features of employee engagement from the Actimo platform with the learning approach, scale and reach of Kahoot!.

Actimo is a mobile workspace for remote employees. With its employee app, Actimo combines elements from communication, training, and leadership into one integrated workspace.

With headquarters in Copenhagen and 43 employees, Actimo services enterprise customers and their employees across 80 countries, and has operations in Denmark, Sweden, UK, Spain, and Mexico.
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Date Published: 16/09/2020

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