New Delhi–The National Institute of Information Technology (NIIT) has acquired the Bengaluru-based start-up Perceptron, it was announced on Tuesday.
The strategic acquisition is expected to bring together complementary technology platforms and capabilities of NIIT and Perceptron, enabling NIIT to further accelerate its Digital Transformation initiatives – StackRoute, digiNxt, and Training.com.
“Taking forward NIIT’s thrust on Digital Transformation in the EdTech domain, this strategic acquisition of Perceptron will further strengthen NIIT’s leadership role in the Digital Learning World,” said NIIT CEO Rahul Patwardhan.
“We are happy to have Perceptron’s team, including the co-founders Satish Sukumar and Feroz Sheikh, join us in this journey as NIITians. NIIT will continue to look for innovative start-ups and talent in the EdTech space,” he added.
Perceptron’s next-gen learning platform “Ilimi” has combined leading edge developments in semantic computing, predictive analytics, learning science, and digital transformation technologies to create an environment for implementing learner-centric, immersive learning and mastery learning strategies.
“This acquisition builds on NIIT’s strategic focus for a leadership role in the Digital Learning world,” said Perceptron CEO Satish Sukumar.
Sukumar has been named the CTO of StackRoute Labs — an NIIT initiative to build deep competency in areas of machine learning, IoT and full stack product engineering.
“Together with existing platforms, this will become an integral part of NIIT’s future multi-modal learning platform and 360 degree learning eco-system,” Sukumar said, adding: “Further, Perceptron’s co-founders and engineering team will strengthen NIIT’s technology talent pool with their proven expertise.” (IANS)