DMGT-owned Hobsons enters India with minority strategic investment 24-01-2014

Hobsons, today, has announced a minority strategic investment in iProf Learning Solutions, a learning management and test preparation provider in India.

Wholly-owned by DMGT through dmg information, Hobsons will strengthen its position as a global provider of student support and college and career readiness services with the investment. It also marks Hobsons' entrance into the Indian marketplace.

Commenting on the announcement, Craig Heldmen, CEO of Hobsons, said, "Hobsons share the same values, desire for quality and passion for education as iProf. We are excited to explore the opportunity to contribute to new market solutions in India as we expand our geographical footprint in the region."

Sanjay Purohit, CEO of iProf, added, "Our experience delivering highly-innovative education solutions in combined with Hobsons' worldwide presence is the ideal opportunity to provide new products and services that add considerable value to students and schools across India."

Hobsons and iProf will work closely together to better prepare Indian students for post-secondary education and career opportunities.

Students in India and those studying abroad will benefit from a more comprehensive and complimentary set of products to help them achieve their educational goals.

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