India Exchange Filings

NIIT Learning–Bluewater Acquisition Announcement

NIIT Learning Systems Ltd acquired 100% of Bluewater Learning for consideration of up to US$17.6 million

  • Acquisition completed through wholly owned subsidiary NIIT (USA), Inc.; consideration includes performance-based earnouts over five years and customary adjustments.
  • Bluewater adds advisory, HCM technology implementation and integration capabilities to NIIT Learning’s managed learning services.
  • Bluewater has served more than 1,100 clients and completed over 5,000 projects.

Original Filing

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