Techno Horizon Co., Ltd. is acquiring full ownership of Mumbai-based Collaboration and Communication Technologies to enhance operational efficiency and capitalize on growth in the Indian education technology market.
Target Information
Techno Horizon Co., Ltd. (Ticker: 6629) is a prominent player in the education technology sector, specializing in providing visual presentation tools such as document cameras and electronic blackboards. The company aims to enhance its operational efficiency and decision-making processes by increasing its ownership stake in its affiliated company, Collaboration and Communication Technologies Private Limited, based in Mumbai, India.
The move to acquire full ownership of this AV integrator reflects Techno Horizon's strategy to streamline its management and bolster its position in the increasingly competitive education technology market.
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Industry Overview in India
The education technology industry in India has experienced exponential growth, driven by the increasing adoption of digital tools in classrooms and remote learning environments.
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