Valamis
{{Short description|Finnish enterprise software company}}
{{Use dmy dates|date=July 2025}}{{Orphan|date=February 2019}}
{{Infobox company
| name = Valamis Group Ltd.
| logo = Valamis-logo-black.svg
| logo_caption = Logo since May 17, 2018
| image = Valamis's headquarters in Joensuu.jpg
| image_size = 210px
| image_caption=Valamis's headquarters in Joensuu
| former_name = Arcusys Ltd.
(2003{{ndash}}2018)
| industry = Enterprise software
Educational technology
| founded = {{start date and age|df=yes|2003|12|18}}
| founders = Jussi Hurskainen (CEO)
Mika Kuikka (President)
Kyösti Nevalainen
Mikko Taivainen
| hq_location_city = Joensuu
| hq_location_country = Finland
| area_served = Worldwide
| products = Valamis - Learning Experience Platform
| services =
| revenue =
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| operating_income = {{€|9.8 million}} (2018){{cite web |title=Valamis Group Oy - Y-tunnus: 1867943-7 - Yritystiedot, taloustiedot, päättäjät & hallituksen jäsenet |url=https://www.finder.fi/IT-sovelluksia+IT-ohjelmistoja/Valamis+Group+Oy/Joensuu/yhteystiedot/910849 |website=www.finder.fi |language=fi}}
{{US$|11.43 million}}
| income_year =
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| assets =
| assets_year =
| equity =
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| num_employees = 180
| num_employees_year = 2018
| divisions =
| parent = Adelis Equity Partners
| subsid = {{unbulleted list|Valamis Learning UK Limited|Valamis Inc.|Valamis Deutschland GmbH|Valamis Benelux B.V.}}
| website = {{URL|www.valamis.com}}
}}
Valamis Group Ltd. is a Finnish enterprise software company headquartered in Joensuu, Finland. It is the developer of Valamis, an e-learning software used by enterprises and universities for online learning.
History
Arcusys was founded on 18 December 2003,{{Cite web|url=https://tietopalvelu.ytj.fi/yritystiedot.aspx?yavain=1836188&tarkiste=9FC77710B95353A5E02058DF473D0CED9C6E9AC1|title=Valamis Group Oy|author=|date=2003-12-08|website=tietopalvelu.ytj.fi|publisher=The Business Information System BIS|language=en-US|access-date=2018-05-16}} by Jussi Hurskainen, Mika Kuikka, Kyösti Nevalainen and Mikko Taivainen. In the early years, Valamis' main business was working as a subcontractor for large manufacturing corporations. When the technology development took off within the company in 2007, Valamis started work with universities.
In 2012, Arcusys acquired the software company Fudeco Ltd{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=222899781|title=Company Overview of Fudeco Oy|author=|date=2012-10-09|website=www.bloomberg.com|publisher=Bloomberg|language=en-US|access-date=2018-06-19}} and expanded its offices to Oulu, Finland.{{Cite news|url=https://www.karjalainen.fi/uutiset/uutis-alueet/talous/item/13730-arcusys-ostaa-oululaisen-fudecon|title=Arcusys ostaa oululaisen Fudecon|date=2012-10-09|newspaper=karjalainen.fi|language=fi-FI|access-date=2012-10-09}}
In 2016, the company acquired the predictive analytics company Olapcon Ltd.{{Cite news|url=https://www.tivi.fi/Kaikki_uutiset/nasan-kumppani-osti-itarajalta-it-talon-6595209|title=Nasan kumppani osti itärajalta it-talon|date=2016-10-31|newspaper=www.tivi.fi|language=fi-FI|access-date=2018-06-19}}
In May 2018, Arcusys changed its name to Valamis.{{Cite web |last=Valamis |title=Arcusys Announces Corporate Name Change to Valamis |url=https://www.prnewswire.com/news-releases/arcusys-announces-corporate-name-change-to-valamis-300650267.html |access-date=2022-10-20 |website=www.prnewswire.com |language=en}}
In January 2019, Valamis acquired the software company Componence Services B.V. and opened an office in Amsterdam.{{cite web |title=Valamis Expands to the Netherlands through Acquisition of Componence |url=https://www.valamis.com/company/news/valamis-expands-to-the-netherlands-through-acquisition-of-componence |website=www.valamis.com}}
In December 2020, Valamis was acquired by Adelis Equity Partners. Adelis acquired shares from the passive shareholders and invested growth equity in the company through a private offering.{{cite news |last1=Punshi |first1=Eliza |title=Adelis buys stake in Finnish digital learning firm Valamis |url=https://www.unquote.com/nordics/official-record/3022301/adelis-buys-stake-in-finnish-digital-learning-firm-valamis |access-date=31 August 2021 |work=Unquote |date=4 January 2021}}{{cite web | title=Acquisition of Valamis by Adelis Equity Partners - Carner |url=https://carner.com/transaction/acquisition-of-valamis-by-adelis-equity-partners/ |website=Carner |access-date=31 August 2021}}
In July 2021, Valamis acquired the digital learning management software company The Working Manager Limited (TWM).{{cite web |title=Prism facilitates sale of learning management platform provider TWM |url=https://www.cambridgenetwork.co.uk/news/prism-facilitates-sale-learning-management-platform-provider-twm |website=Cambridge Network |access-date=31 August 2021}}