Netex, a Spain-headquartered technology company, has recently acquired Netex, an Ilkley-based e-learning solutions provider with more than 4.7 million followers.
The acquisition is expected to help Virtual College expand its portfolio, reach a wider market, broaden its customer base and increase its capacity to grow.
Rod Knox and Bob Gomersall, co-founders of Virtual College, said: “The combination of the Virtual College and Netex businesses creates a huge opportunity to work together to build on the vast skills, knowledge and experience that both businesses have developed over the last 25 years.
“This combined provision creates a leading edge e-learning solution that will enhance the offer within existing markets and opens significant new opportunities to expand internationally.”
Carlos Ezquerro, CEO of Netex, added: “The addition of Virtual College to the Netex structure is a very important step for the company in its plans for development, international expansion and the search for leadership in the e-learning sector at an international level."