GeneEd Corporation has announced a marketing and development partnership with SkillSoft, which provides e-learning courseware and referenceware for business and IT professionals.

Volatility was wide spread this week as the markets swung between extremes. After widespread carnage midweek, the markets made a spectacular comeback on Thursday.

SkillSoft has announced that it is the subject of a formal order of private investigation entered by the Securities and Exchange Commission.

E-Learning giant SkillSoft has won a contract to supply around 23,000 staff at defence electronics company Northrop Grumman Electronic Systems with IT and business e-learning solutions over a five-year period.

SmartForce (soon to be SkillSoft) has announced that its Board of Directors has authorised a share repurchase programme of up to 8.0 million of the company's American Depositary Shares (ADSs).

Irish e-learning and localisation content company Transware has announced that it is to withdraw its quotation on the main London stock exchange and move to AIM.

A Dublin-based firm is to cut 60 jobs at its Irish operation with a possible further 80 positions to be lost in the coming months.

TRAINING software maker Skillsoft, formerly SmartForce, is cutting 60 jobs in Ireland and this figure could rise to 140, while workers at EMC hope a 7% reduction in its workforce worldwide will not result in job losses here.

SkillSoft and SmartForce have announced the closing of the merger between the two companies, the combined entity to be known as SkillSoft.

e-Learning company, SmartForce has revealed that it is facing multi-million dollar legal proceedings from two parties.

International Data Corporation (IDC) has ranked e-Learning company, SmartForce among the 10 largest IT training companies in the world, and as the world's largest e-learning company.