Tata group's global e-learning firm, Tata Interactive Systems, on Monday acquired two European software companies in a move to expand its global presence for an undisclosed amount.
The company acquired Tertia Edusoft AG in Switzerland and Tertia Edusoft Gmbh in Germany from the Tertia Group, TIS said in a release.
Tertia group is the leading provider of human resource management solutions in Germany. The acquisition comes close on the heels of the successful launch and consolidation of TIS operations in Japan and is expected to significantly enhance their global footprint, a span that now includes US, Canada, UK, Australia, NZ, UAE, Japan, SA, Indian and mainland Europe, it said.
Tertia Edusoft AG, Switzerland is a market leader in the development of regulatory and compliance training solutions for the band financial services and insurance segment, the release said.
Tertia Edusoft Gmbh provides management simulations through their proprietary product line Topsim.