08:14 AM EDT, 07/09/2024 (MT Newswires) -- D2L (DTOL.TO), a learning technology company, on Tuesday said it has acquired H5P Group, a provider of interactive content creation software, for US$25.6 million.
Potential earnout payments based on the achievement of certain performance milestones could push up the final price by US$7.4 million.
H5P Group was founded in 2014 and is the creator of H5P, a software platform that helps create learning content interactives. H5P Group has 30 employees, primarily based in Norway.