Educational Testing Service (ETS) acquires PeopleStrong's subsidiary Wheebox
Educational Testing Service (ETS) has acquired Wheebox, a subsidiary of PeopleStrong, in a move to expand its presence in India and globally. Wheebox will continue to operate independently as a subsidiary of ETS. The acquisition was led by ETS Str...
Following the acquisition, Wheebox which was a a subsidiary of PeopleStrong will continue to operate independently as a subsidiary of ETS.
ETS’ private equity investment and merger and acquisition execution arm, ETS Strategic Capital, led the deal.
"With Wheebox’s scalable engine as part of ETS, our capability to reach out to learners across India and globally will increase manifold,” Amit Sevak, CEO of ETS said on the acquisition.
“I believe that technological advancements, data-driven insights, and the integration of cutting-edge AI elements into the world of online exams and learning will be the pivotal focus areas,” Co-founder and CTO of Wheebox, Pawan Kumar said.
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