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Tata Interactive Systems acquires two companies from the Tertia Group
Tata Interactive Systems
9-Jan-2006 » Training Press Releases » Tata Interactive Systems (TIS), a global pioneer in e-learning, has acquired two companies - Tertia Edusoft AG in Switzerland and Tertia Edusoft GmbH in Germany - from the Tertia Group, a leading provider of Human Resources Management solutions in Germany.
Tata Interactive Systems (TIS), a global pioneer in e-learning, has acquired two companies - Tertia Edusoft AG in Switzerland and Tertia Edusoft GmbH in Germany - from the Tertia Group, a leading provider of Human Resources Management solutions in Germany. This acquisition comes close on the heels of the successful launch and consolidation of TIS's operations in Japan, and is expected to significantly enhance their global footprint - a span that now includes the US & Canada, the UK, Australia & New Zealand, the UAE, Japan, South Africa, India and Mainland Europe.
Tertia Edusoft AG is the market leader in Switzerland in the development of regulatory and compliance training solutions for the Banking, Financial Services, Insurance, Professional Services, Logistics and Telecom sectors.
Tertia Edusoft GmbH's core competence lies in designing management simulations, through their proprietary product line, TOPSIM - the no. 1 simulation product in Germany. TOPSIM has been successfully implemented in business education and professional training for more than 20 years in German-speaking countries, and is currently being used by more than 1,000 customers.
"This is a significant step for us in our quest for global leadership in e-learning. These two companies provide us the impetus to pursue high growth opportunities in the European market. Now we can offer an even wider range of offerings to our customers worldwide," said Mr. Sanjaya Sharma, CEO of TIS.
"Tata Interactive Systems' professional approach to e-learning has greatly impressed us and we are very pleased with having completed these transactions which will bring increased offerings and support to the customers of Tertia Edusoft GmbH and Tertia Edusoft Switzerland AG. Further more, the transactions will allow Tertia Group to fully focus on its core business in Human Resources Management," commented Mr. Klaus Menzel CEO of Tertia GmbH.
Tertia Edusoft GmbH's TOPSIM range works in synergy with TIS's strong global presence in the simulations segment. TIS has already developed a library of about 200 SimBLs™ (Simulation-based Learning Objects) on diverse topics - from Management and Accounting to Business Ethics and People Management - that are being used by more than 60,000 students and 25,000 other licensees around the world.
"With the coming together of SimBLs™ and TOPSIM, we are poised to become a world leader in simulations," added Mr. Sharma.
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About the Tertia Group
The Tertia Group (www.tertia.de) which was established more than thirty years ago, is a leading provider of complete offerings in Human Resources Management solutions with 1,500 employees in 70 locations across Germany. The Tertia Group's offering among other things comprises professional training and qualification, time sharing of employees, outplacement and career planning.
About Tata Interactive Systems (TIS)
Tata Interactive Systems (TIS) is the world's leading developer of learning solutions - with a team of over 600 multi-disciplinary specialists, TIS creates 3000+ hours of learning content across 160+ concurrent projects every year.
Backed by an unmatched 19 years' experience, TIS develops unique and innovative learning solutions that are designed to enable clients achieve their organizational goals. Whether it is performance and productivity gains, streamlining operations and financials, developing leadership and decision-making skills, enabling smooth product development, reducing time to market, boosting employee motivation, or any other corporate or learning initiative - TIS' solutions have proven their effectiveness at more than 60 Fortune 500 companies, leading educational institutions and government departments worldwide.
TIS' clients include more than 60 Fortune 500 companies, leading educational institutions, and government departments worldwide.
TIS is the first learning solutions organization in the world to be assessed at Level 5 in both the SEI-CMM and P-CMM frameworks. Its solutions have won widespread industry recognition with prestigious awards including Performance Centered Design, ASTD, IT Training, Brandon Hall, APEX, BETT, BIMA, SIIA Codie, FICCI BAF and Business World-NID awards.
TIS caters for three segments - Corporate, Education, and Government. It offers its clients innovative learning solutions including:
• Web-based Training & Courseware - to help achieve learning goals
• Simulations - to offer immersive learning experiences
• Electronic Performance Support Systems - to provide on-the-job support
• Software Solutions - to leverage technology in learning
• Game-based Learning - to enhance learner engagement
The scope of TIS' learning solutions encompasses on-boarding, sales training, process training, product training, curriculum design, assessments, soft skills training, and technical training, among others. TIS has extensive experience across diverse industry domains including pharmaceuticals and healthcare; banking, finance, and insurance; IT; communications and telecom; publishing; virtual and online schools and universities; transportation; government and defense; and not-for-profit organizations.
TIS has development centers in Germany, Switzerland, and India. Its sales and marketing operations span the US, Canada, the UK, mainland Europe, Australia, New Zealand, the Middle East, and Asia.
For more information log on to www.tatainteractive.com
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