95% of Tell Me More's €18.5 million ($25 million) business is focused on corporate and higher education verticals, with a significant presence in Europe as well as in China.
The company has more than 3K customers worldwide and offers solutions covering 9 languages.
Rosetta stone expects to achieve significant cost synergies by streamlining the 2 companies' sales forces under the Rosetta Stone brand and taking advantage of Rosetta's scale.
Management expects the acquisition to contribute bookings of $25M-$27M in 2014. The impact to EBITDA is seen at $3M-$4M after excluding $3M-$4M in integration costs. Beyond 2014, the company sees "modest top-line growth" and EBITDA margins of 25% or greater.