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HCL Infosystems buys Edurix to boost learning biz

Company mum on deal value, but all fixed assets, IPR and human resources to be transferred

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Press Trust of India Mumbai

IT firm HCL Infosystems today said it has acquired education content provider Edurix, a move that will help strengthen its education and learning business.

Edurix is a part of Attano Media and Education and designs content for the K-12 education segment.

The business transfer between HCL Infosystems and Attano has been completed and included transfer of all fixed assets, intellectual property rights (IPR) and human resources of Edurix, HCL Infosystems said.

"The acquisition will help us expand the in-house content capability for HCL Learning and supplement our current offerings across various segments like K-12, higher education and career development centre (CDC)," HCL Infosystems Senior VP and HCL Learning Head Anand Ekambaram said.

This also brings in the capacity to develop and customise content for tablets, dongles and online platforms, he added. Edurix has about 160 employees in its two offices in Mumbai and Chennai. The integration of the Edurix's business and teams with HCL Infosystems are currently underway.

"Content differentiation, combined with our technology capabilities, will ensure that we provide the best learning solutions to our institutional and individual customers," he said.

Apart from strengthening its operations in India, the acquisition will facilitate HCL Learning's access to international markets, especially in emerging markets like South East Asia, West Asia and Africa.

Though Ekambaram declined to comment on the financial details of HCL Learning, he said the business has been registering good growth and has booked over 3,300 classrooms under the 'Digischool solutions' in January¿March 2012 quarter.

In April this year, the company has launched two versions of its tablet PC -- MyEduTab -- to provide educational content on the move to students.

"The acquisition will also help us expand our retail offering as students will now have access to richer content based on animation etc on their tablet PCs," he said.

 

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First Published: Jul 26 2012 | 3:11 PM IST

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