NIIT sells Element K to SkillSoft

NIIT has also signed a long-term strategic and licensing agreement with SkillSoft to become a product and content developer for the Irish firm,NIIT said in a statement.

8220;This partnership will enable NIIT to rapidly expand its managed service business,8221; NIIT CEO Vijay Thadani said.

The two companies have a history of working together on multiple product development initiatives to create e-learning products.

In addition,the two companies intend to collaborate on Ramp;D initiatives for technology-enabled learning and performance support.

8220;By leveraging SkillSoft8217;s and NIIT8217;s joint experience and know-how,we believe there is great opportunity to create new innovations that will make online learning even more broadly embraced by the global market,8221; SkillSoft CEO Chuck Moran said.

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