NIIT acquires Perceptron Learning Solutions Private Limited

NIIT one of the global skill and talent development firms, on Tuesday, 27^th September 2016, announced that it has acquired the Bengaluru-based start-up Perceptron Learning Solutions Private Limited with the aim to accelerate its digital initiatives as well as bring in deep analytics capabilities to its learning platforms.

Commenced in the year 2014, Perceptron Learning Solutions Private Limited has been working on the development of next generation learning platforms that combine deep analytics as well as semantic computing to ensure better learning outcomes. The deep analytics entails data mining which is meant to analyze extracts and also organize large amounts of data beneficial for an organization or individual, while semantic computing involves analyzing data based on meaning, context as well as intention.

Next-gen learning platform of Perceptron, Ilimi, helps to identify areas where a learner is lacking and can provide appropriate recommendations. Ilimi is a cloud based platform, which combines short videos with personalized learning activities for its users based on its analytics and social learning.

Currently, according to NIIT runs three digital transformation initiatives - StackRoute, digiNxt, along with Training.com and Perceptron's Ilimi will bring semantic computing, predictive analytics, learning science capabilities to create learner-centric, immersive learning and mastery learning platform for its users.

NIIT share price is currently trading at Rs 94.30, up by 0.32 per cent. The intraday high and the intraday low are Rs 95.55 and Rs 92.85 respectively.

NIIT limited is one of the top 500 shares recommended by the research and analyst team of Dynamic Levels.

The book value of the Company is 48.61. The market cap of the Company as of today is Rs 1557.01 crores. The promoter holding pledge (%) of the Company is 0. The one month return of the Company was (-0.58) per cent. The face value per share is Rs 2.

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