I am happy to announce our
acquisition of 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.
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.
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 now poised to become a world leader in simulations.
-Sanjaya
(Sanjaya Sharma is CEO, Tata Interactive Systems)
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