MPS Limited has acquired Tata Interactive Systems AG and GmbH to enhance its eLearning capabilities and expand its market presence.
Information on the Target
MPS Limited (MPS) has successfully acquired Tata Interactive Systems (TIS) AG and TIS GmbH, following the earlier acquisition of TIS India on May 31, 2018. This move allows MPS to gain full control of the entities under the Tata Interactive brand, marking a significant expansion in its operational capabilities.
Founded in 1991, TIS has established itself as a leader in technology-enabled learning solutions. Its notable partnerships have allowed it to tackle critical challenges faced by clients through effective educational strategies. The company’s subsidiaries in Switzerland and Germany, acquired by Tata Industries Limited (TIL) in 2005, have made substantial strides in the European eLearning market. The Swiss entity is known for its innovative enterprise eLearning platform, Quizbiz®, while the German branch has a strong foothold in academic institutions thanks to its platform, TOPSIM®.
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Industry Overview in Switzerland and Germany
The eLearning industry in Switzerland and Germany has been rapidly evolving and expanding in recent years. With an increasing emphasis on digital transformation, educational institutions and corporate clients have turned to i
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MPS Limited
invested in
Tata Interactive Systems AG and TIS GmbH
in 2018
in a Buyout deal