London, United Kingdom, January 11, 2022 –(PR.com)– The acquisition of an 85-percent stake in Academy IT will join the provider of corporate training and learning management solutions with Softline’s existing technology education and training business and accelerates the company’s growth strategy in emerging markets.

Academy IT creates, develops, and deploys bespoke corporate training solutions and has a strong track record particularly in cybersecurity training. Softline’s existing education business includes a learning center where more than 300,000 information technology specialists have trained over the past 18 years.

London-listed Softline is also targeting expansion in the global education technology (EdTech) market, an industry which is forecast to grow to US$404 billion by 2025*. Softline to date has already collaborated with more than 2,800 education institutions in countries including Hungary, Colombia, Argentina,…