HCL Infosystems Ltd., India's premier hardware, services and ICT Systems Integration and Distribution Company today announced the acquisition of Edurix, a part of Attano Media and Education Private Ltd. Edurix designs and implements 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, IPR and the Human Resources of Edurix. The acquisition by HCL Infosystems brings in-house content capability to its education & learning division, HCL Learning. The acquisition would supplement HCL Learning's current offerings across the various segments - K-12, Higher Education and its Career Development Centre (CDC). HCL Learning would also have the flexibility to develop and customize content for tablets, dongles and online platforms.
Speaking about the deal, Mr. Anand Ekambaram, Senior VP, HCL Infosystems Ltd & Head, HCL Learning said, "HCL Learning is presently in a high growth phase and is poised for greater expansion. The acquisition of Edurix would further strengthen our content capabilities for the K-12 segment and bolster our offerings across different platforms and devices. Content differentiation combined with our technology capabilities will ensure that we provide best in class learning solutions to our institutional and individual customers."
Apart from strengthening its operations in India, the acquisition will facilitate HCL Learning's access to international markets and supplement growth in emerging markets like South East Asia, Middle East and Africa. Edurix has more than 150 employees in its two offices in Mumbai and Chennai. The integration of the Edurix's business and teams with HCL Infosystems are currently underway.
Availability of rich content is one of the key drivers today in the adoption of technology enabled Learning solutions by individuals and educational institutes. HCL Learning, through this acquisition is poised for further growth and will be able to provide a more interactive and engaging learning environment including rich additional content such as game based or outcome based learning. The business has also been registering good growth and booked over 3300 classrooms for its Digischool solutions in the quarter (January - March 2012), which represents growth of 300% QoQ in terms of classrooms. In April 2012 the business also launched two tablet versions of the innovative MyEduTab - K12 and Higher Education versions for schools and colleges respectively. MyEduTab is "Education on the Move", comes along with high quality engaging content and enables students, teachers & parents to connect, collaborate and share information as well as content over the Cloud.
About HCL Learning
HCL Learning covers the entire spectrum of education and training requirements across schools, colleges, individuals and enterprises. Leveraging the three-decade-plus rich expertise of the HCL Enterprise and strategic national and international tie-ups, HCL Learning offers competitive learning programs and solutions for a diverse client-set.
Our initiatives are driven by the latest innovations in Information Technology and we envision transforming the Indian education space to compete with the best in the world. HCL Learning is a part of HCL Infosystems, a $2.4 billion ICT Enterprise.
For more information please visit www.hcllearning.com
About HCL Infosystems
HCL Infosystems Ltd, with revenue (LTM) of US$ 2.4 billion (Rs.10,754 crores) is India's premier hardware, services and ICT systems integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization. India's leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, eGovernance & Power. HCL has India's largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Apple, Cisco, Ericsson, Kingston, Kodak, Konica Minolta, Microsoft, Nokia, Toshiba, and many more. HCL today has India's largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience & HCL desktops is the largest selling brand into the enterprise space. With India's largest ICT services network that reaches to every corner of India, HCL's award winning Support Services makes it the preferred choice of enterprise and consumers, alike. For more information please visit us at www.hclinfosystems.in.
Ashutosh Bhattacharya, Head - Corporate Communications, HCL Infosystems Ltd, +91 9811920415, email@example.com
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