Learning Tech maintains targets

Facilitated by its $150m (£113m) acquisition of talent management platform PeopleFluent – which completed last June – Learning Technologies (LTG) has been shifting towards a software licence model. Accordingly, recurring revenues for 2018 constituted 68 per cent of the top line, against just 38 per cent a year earlier. The deal also bolstered LTG’s US presence, with more than half of sales now derived from across the pond.