Tata Interactive Systems
18 Grosvenor Place, LONDON, SW1X 7HS
tel 020 7235 8281; fax 020 7235 8727; web: www.tatainteractive.com
BL/TIS/03/06 9th January 2006
Tata Interactive Systems acquires two companies from the Tertia Group
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 Tata Interactive Systems (TIS)
Tata Interactive Systems (TIS) is a global pioneer in e-learning. A part of the £7bn Tata Group – one of the largest and most trusted business conglomerates in India, TIS has 15 years of experience in designing and developing innovative and cutting-edge e-learning solutions.
TIS employs a global team of 850 multi-disciplinary specialists – a unique mix of project managers, software engineers, instructional designers, content developers, visual designers and animators. Its service bouquet includes Simulations, Systems Training, New Hire Training, Business Processes and Skills Training, Regulatory and Compliance Training, Sales and Customer Service Training, Adaptive Assessments, Story-based Learning Objects and EPSS. Powered by creative talent, sound processes and technological excellence, TIS has developed over 950 e-learning solutions for more than 300 clients – including 50 Fortune 500 companies – across the UK, Europe, US, Australia and Asia. Its client roster includes leading corporations, renowned educational institutions and government bodies such as British Airways, BECTA, Citibank, Colgate-Palmolive, ExxonMobil, GlaxoSmithKline, HP, McGraw-Hill, NHS, ntl, Orange, Pearson Education, Qwest, Royal Mail, Swiss Re, UNICEF, University of Phoenix, University of Maryland and Vodafone.
Apart from holding ISO 9001 and BS7799 certification, TIS is the only e-learning organisation in the world to be assessed at Level 5 in both the SEI CMM and P-CMM frameworks. TIS’s quest for excellence is reflected in 23 prestigious industry awards, including BETT 2004 Best Product Award, Brandon Hall Excellence in Learning Awards in 2004 and 2005, APEX 2004 Award of Excellence and being shortlisted for the ‘Team of the Year’ in the UK’s E-Learning Awards.
For more information log onto www.tatainteractive.com
About the Tata Group
The Tata Group, established in 1904 by the great visionary Jamsetji Tata, is one of
Indias largest and most trusted business houses. The group pioneered the industrial revolution in India by founding, among other things, the first steel plant, power plant and chain of luxury hotels.
The Group employs more than 330,000 people in 91 companies across diversified industry sectors including steel, automobiles, cement, telecom and IT. Generating revenues to the tune of £7bn per year
2.6 per cent of Indias total GDP it is recognised as a leader in several industry segments such as such as steel, power, software exports and chemicals. It is also the parent company to Tata Consultancy Services
(TCS), Asias largest software producer.
Further information from:
Alan Samuel, Tata Interactive Systems, 020 7905 0156, www.tatainteractive.com
Bob Little, Bob Little Press & PR, 01727 860405,
www.boblittlepr.com
