TechBooks to Acquire Maximize Learning

May 27, 2005

TechBooks and Maximize Learning have announced the signing of definitive agreements for the acquisition of Maximize Learning by TechBooks. TechBooks, a content outsourcing company, delivers content services. Maximize Learning, based in Pune, India, is a provider of elearning solutions. The acquisition is subject to Indian government approval, which is expected to be completed during the second quarter of 2005. Further information will be available following the anticipated closing of the transaction.

TechBooks is currently in six locations in the U.S., U.K. and India with the corporate headquarters located in Fairfax, Virginia. Other U.S. office locations are Los Angeles, California; York, Pennsylvania; and Boston, Massachusetts. TechBooks also has a large operational presence in New Delhi, India and a customer service center located in Cambridge, U.K.. TechBooks currently employs over 2,800 people across its global operations.