Ethisphere, the Arizona-based arbiter of corporate ethical standards, has acquired informed360, an ethics and compliance software platform. While financial terms of the deal were not disclosed, the companies announced that informed360’s founders, Andrew Neblett and Brian Beeghly, would join Ethisphere.
“Business integrity is central to not only meeting stakeholder expectations, but also to strong economic performance. Regulators also expect organizations to effectively manage programs and use analytics to ensure effectiveness. Companies turn to Ethisphere to understand leading practices through our unparalleled data, community, and expertise. informed360’s technology offers a way to ensure this guidance is effectively implemented and managed. It’s a powerful combination,” Ethisphere CEO Tim Erblich said in a news release.
“For many years, Uber has turned to Ethisphere to understand best practices based on the data of leading program practices and insights from their community of senior leaders. informed360’s easy-to-use software has enabled us to analyze our own data and map out workflows and action plans to implement improvements,” said Scott Schools, chief compliance and ethics officer at Uber. “Bringing these two companies together has the potential to provide even greater ways for ethics and compliance teams to align to and implement best-in-class programs.”
“We are delighted to be joining Ethisphere. As an early investor in informed360, the team at Ethisphere understands the power of our solutions for ethics and compliance leaders seeking to better manage programs,” Neblett said. “informed360 will also benefit from Ethisphere’s expertise to make enhancements to our solutions and share them with a broader range of global companies.”
Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance. Learn more about Ethisphere.
informed360’s software platform is popular among compliance and technology professionals who need to address the increasing expectations and requirements of today’s ethics and compliance programs. Learn more about informed360.