SmartForce to acquire Centra Software.

SmartForce has announced that it has entered into a definitive agreement to acquire Centra Software in a stock for stock transaction, the largest to date in the e-learning industry.

Centra Software is a provider of live e-learning and business e-collaboration software. Its solutions enable real-time, group-oriented human interaction over corporate networks and the internet. Centra's shareholders will gain 0.415 shares of SmartForce for each Centra share.