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Tandem, a leading education and training provider based here, has become part of the world's largest education company, Pearson.
Tandem was acquired by TutorVista (through its subsidiary Manipal K-12 Education) in August 2009, a company spokesman said here on Thursday.
Pearson acquired a majority stake in TutorVista in January 2011 in a landmark deal that valued TutorVista at approximately Rs 1,000 crore.
GLOBAL EDGE
Through this acquisition, Tandem seeks to bring the advantages of Pearson's global resources, reach, content and expertise to Kerala and other markets the brand operates in.
Tandem, which has a network spanning 42 centres in Kerala, Tamil Nadu and Dubai, will continue with its brand name and management, the spokesman added.
Mr Srikanth B. Iyer, Director and Chief operating Officer, Manipal K-12 Education, said that the company has been impressed with the reputation of Tandem as a provider of quality service and its commitment to its customers.
LOCAL BRAND
“Now, with Pearson's global practices, standards and expertise, Tandem can successfully realise its growth potential,” he added.
Mr N. Gopalakrishnan, founder, Tandem, said that he was proud to see that a brand created in Kerala 17 years ago become a part of the world's largest education brand.
“This is a great opportunity for Tandem to offer world-class education services in the Kerala and Indian markets through innovative products with immediate appeal on students,” he added.
ONLINE TUTORING
Pearson and TutorVista, plan to grow the online education business rapidly by integrating online tutoring into all of Pearson's digital products, selling it to schools and higher education institutions and by offering further educational services globally.
With Pearson's global reach in more than 60 countries, TutorVista will launch online tutoring and language coaching services across the globe.
In India, both companies will work on providing world-class educational content to students, open more schools and grow the education business significantly.
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