The Learned Man | eLearning Blog

Brainvisa Technologies acquired by Indecomm Global Services

Pune based eLearning company, Brainvisa has been acquired. The consolidation juggernaut continues. Looks like Sequoia has attempted to give Brainvisa the platform it needs to unlock its potential and Indecomm gets to round out its service offering.

From the press release put out by Indecomm:

August 21, 2007, India - Indecomm Global Services (“Indecomm”), a leading international business process outsourcing and services firm, announced today that it has acquired Brainvisa Technologies Private Limited (“Brainvisa”), a leading global eLearning solutions company. This is the second acquisition done by Indecomm Global Services this year after it recently acquired US Recordings, a US-based leading provider of mortgage recording solutions.

Click here to read the press release.

Brainvisa To Merge With Indecomm Global Services?

The Learned Man! has been receiving news from its sources that Sequoia backed and Pune, India based eLearning company Brainvisa may be entering into a merger with Indecomm Global Services, also backed by Sequoia.

There has been a fair amount of speculation of late about Brainvisa and its potential suitors. While we await official news, feel free to write in to add to this story or offer corrections.

e-Learning Market To Hit $56B By 2010

With an already strong foothold in the enterprise sector, e-learning is advancing in K-12 and higher education teaching environments, according to San Jose, CA-based market researchers Global Industry Analysts, which project the global e-learning market to surpass $52.6 billion by 2010.

Already the 2007 U.S. e-learning market is $17.5 billion according to "eLearning: A Global Strategic Business Report," a new report recently published by Global Industry Analysts. Besides market size, the report covers market trends, challenges, forces driving the market, technologies, types of end users and profiles of e-learning usage broken down by geography.

While Europe and Japan lag on e-learning adoption compared to the United States (U.S. enterprise e-learning adoption accounts for 60 percent of the market, while Europe's accounts for 15 percent), overall usage of e-learning in Asia is expected to reach a compound annual growth rate of 25 percent to 30 percent through 2010, according to the firm. Worldwide that rate should hit between 15 percent and 30 percent, the report states.

The key driver for e-learning usage is attributed to an increased number of solutions and services. However, the report warns that a lack of interoperability standards could stifle e-learning's growth.

via: David Kopf, "e-Learning Market to hit $56B by 2010,"  T.H.E. Journal, 7/30/2007, http://www.thejournal.com/articles/21046