California-based SuccessFactors is planning to buy Plateau Systems, a provider of web-based software tools for businesses, for $290 million. The company will pay $145 million in cash and $145 million in stock. After the deal, Plateau’s SaaS-based LMS will be integrated directly into SuccessFactors’ BizX suite. Plateau brings to SuccessFactors more than 350 customers, including General Electric and the National Aeronautics and Space Administration.

Click here for the release from PR Newswire.