Blackstone to Acquire Majority Stake in Simplilearn, a Leading Online Learning Platform
Blackstone has entered into a definitive agreement to acquire a controlling stake in Simplilearn Solutions Pvt. Ltd., an OPM company offering courses to working professionals across the world, helping them to develop digital skills while helping businesses upskill their workforce.
“[…] We are excited to partner with Blackstone, a globally recognized investor with a strong track record in the ed-tech sector. We believe Blackstone can add significant value to our company because of their scale, commitment to building businesses, and global network, which will enable us to develop partnerships with businesses and universities as Simplilearn continues to expand around the world, […]” said Krishna Kumar, Founder & CEO, Simplilearn.
“This is Blackstone’s first private equity investment in Asia in a consumer technology company. […] We are excited to partner with Krishna Kumar and Simplilearn’s top-notch management team to accelerate growth and build the world’s pre-eminent digital learning company, and we expect this to be the first of many such investments in Asia,” says Amit Dixit, Head of Asia for Blackstone Private Equity.
Source: Blackstone News
Enterprise Resource Planning – Seven Generations Education Institute
Seven Generations Education Institute to Modernize Technology Operations with Ellucian Colleague SaaS
In order to upgrade and integrate its technology systems, Seven Generations Education Institute (SGEI) selected Ellucian Colleague SaaS. SGEI chose the cloud-based ERP to streamline processes, empower faculty and staff with access to data while supporting student success. It also chose to purchase the Ellucian Intelligent Learning Platform to streamline integrations and reduce maintenance.
“Ellucian Colleague will help SGEI break barriers for new and existing students, support our admissions and program delivery teams, allow for more time to be dedicated to student supports, and enable us to deliver Anishinaabe language and customs to our communities,” says Angela Mainville, Director of Post-Secondary Education, Seven Generations Education Institute.
Source: Ellucian News
Learning Management System – Saskatchewan Indian Institute of Technologies
Saskatchewan Indian Institute of Technologies Chooses the Brightspace Platform
Saskatchewan Indian Institute of Technologies (SIIT) selected D2L as its learning partner to help them shift to online and hybrid learning. SIIT, an Indigenous institution governed by First Nation leaders, is made up of more than 95% Indigenous students and 65% Indigenous staff, reaches learners from across Saskatchewan and Canada.
The Brightspace platform was mainly chosen for its easy-to-use interface, its host of integration and reporting capabilities and its strong mobile strategy.
“We’re proud to partner with Brightspace to create a modern, accessible, and resilient learning infrastructure for our students, wherever they are located,” says Allison Rinas, Career Services Coordinator at SIIT.
Source: Intrado GlobeNewswire
Online Program Management – Jagran Lakecity University
Simplilearn partners with Jagran Lakecity University to upskill students in Digital Marketing
Jagran Lakecity University has partnered with Simplilearn to offer a Post Graduate Program in Digital Marketing for the students already enrolled in the MA Digital Marketing program at Jagran Lakecity University, a comprehensive industry integrated Postgraduate program that explores the digital marketing environment from both a consumer and business perspective.
“[…] Our practice-based pedagogy, world-class digital media production studios and strong global academic and industry partnerships shall provide our students with abundant internship & placement opportunities and career growth. Association of Simplilearn with Purdue University and content support from Facebook makes this program one of the most sought after,” says Prof.(Dr.) Sandeep Shastri, Vice-Chancellor, Jagran Lakecity University
Source: Cision PR Newswire