Acquired MST Group - NIIT Learning Systems Ltd

Code BSE: 543952 NSE:

NIIT Learning Systems Limited (NIIT MTS) acquires MST Group, Germany to expand Managed Learning Services Portfolio in Europe The transaction expands NIIT MTS’ presence in Europe’s fastest-growing region and increases market penetration in the automotive and industrial market segments while strengthening its portfolio of managed learning services with the addition of QuickStart Learning Academy capabilities. The addition of Hungary as a nearshore capability centre for Western Europe will improve NIIT MTS’ capability to offer onsite, multilingual services to its global clients.