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Fortune 1000 e-learning solutions provider DigitalThink Inc. (www.digitalthink.com) has acquired Arista Knowledge Systems, a developer of Internet-based learning management systems (LMS). Arista's flagship LMS will be integrated into DigitalThink's e-learning architecture to provide a scalable Web-based solution for the management of e-learning and knowledge distribution throughout an enterprise. Both companies follow an application service provider (ASP) model for business services deliverv: Pete Goettner, president and CEO of DigitalThink, will lead the combined companies following completion of the acquisition in a transaction valued at roughly $20 million.