Core Education & Technologies
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File:Core projects 190.jpg | |
Traded as | BSE: 512199 NSE: COREEDUTEC |
---|---|
Industry | Education |
Founded | 2003 |
Headquarters | Mumbai, Maharashtra, India |
Area served | UK, US, India & Africa, and Caribbean Countries |
Services | K12, Higher Education, Vocational Training, Providing Brick & Mortar and Service model worldwide |
Revenue | Rs. 1091 crore (2011) |
Number of employees | 3,125 |
Website | www |
CORE Education & Technologies Limited was an Indian global education company.[1]
Overview[edit]
The company was founded in 2003 and had its business operations in 3 continents. Their international headquarters were located at Atlanta and London. CORE had diversified into an integrated education company and provided solutions to 7 states in India, 3 Caribbean nations, 20 states in the US,[2] 40 Institutions in UK and 8 African countries. They had at one point approximately 3,125 employees worldwide.
CORE was listed on the BSE (SCRIP CODE 512199)& NSE (CoreEDUTECH) and had been rated as 'The Fastest Growing IT Company' in the State of Maharashtra, India.[3] CORE was a CMMi Level 5 and ISO 9001:2008 certified Company.
CORE milestones[edit]
- 2005
- 2006
- CORE achieves a $6.6 million multi-year state contract in Special Education from North Carolina[6]
- 2007
- CORE establishes its presence in the UK with the acquisition of Hamlet, Symbia and a division of Azzuri[7]
- CORE acquires KC Management Group[8]
- 2008
- CORE achieved a consolidated annual revenues in excess of US$100 million[9]
- 2009
- CORE acquires, The Princeton Review's K-12 Services division[10]
- CORE collaborates with the Oxford University for Teacher Training and Capacity Building[11]
- 2010
- CORE established the CORE Learning Panorama, focusing on K-12 school segment[4][unreliable source?]
- 2011
- CORE acquires ITN Mark Education Ltd through its subsidiary Core Education & Consulting Solutions UK Ltd[12]
- 2016
Forbes reports that CORE "tanked due to [an] unsustainable business model[s] and mounting debt[s]" and that its stock was suspended from trading.[13]
List of acquisitions[edit]
The table below gives some details of CORE's key acquisitions:
Year | Company | Business Segment | Country |
2005 | Enterprise Computing Services Inc.[5] | Technology for Education, Healthcare & BFSI Products | United States |
2006 | Software Technical Services[14] | Consulting & Project Management | United States |
2006 | Aarman[15] | ERP & SAP Implementation | United States |
2007 | Emacs Technologies[15] | ERP & ITeS Consulting | United States |
2007 | Azzurri[16] | Learning Management Systems | United Kingdom |
2007 | KC Management Group[17] | IT products for Education Sector | United States |
2007 | Symbia Ltd[18] | Consulting and Training | United Kingdom |
2007 | Hamlet Computer Group[19] | Assessment System | United Kingdom |
2008 | K12 Division of Princeton Review Inc.[10] | Assessment & Intervention products for K12 segment | United States |
2010 | Keenan & Keenan Group[20] | Education Staffing Solutions | United States |
2010 | Technical Systems Integrators[21] | Advance Technologies products for K12 segment | United States |
2011 | ITN Mark[22] | Teaching assistance & Training | United Kingdom |
2011 | Xpedite Technologies Inc | Consulting and Training | United States |
Key alliances[edit]
- Center for Higher Learning – NASA[23]
- Indira Gandhi National Open University[23]
- University of Oxford, UK[23]
- Microsoft Gold Partner[24]
- Gujarat Knowledge Society & DVET[25]
- Nationteacher.org[25]
Notes[edit]
- ↑ khalid. "Core Projects bags order from LA Unified School". Bell The Bull. Archived from the original on 2011-08-12. Retrieved 2012-07-26.
- ↑ https://web.archive.org/web/20101123091429/http://www.businessworld.in/bw/2010_11_19_Teach_The_World.html. Archived from the original on November 23, 2010. Retrieved July 29, 2012.
{{cite web}}
: Missing or empty|title=
(help) - ↑ "7×7 Business – Core Projects & Technologies Celebrates the Opening of its New Office at the NASA John C. Stennis Space Center". 7x7business.com. Archived from the original on 2012-04-25. Retrieved 2012-07-26.
- ↑ 4.0 4.1 "Core Projects" (PDF). business-standard. 2010-04-02. Retrieved 2012-07-27.
- ↑ 5.0 5.1 "Company: Core Projects & Technologies Ltd.(P) – Core Projects & Technologies Ltd". Companydatabase.org. Archived from the original on 2012-04-03. Retrieved 2012-07-26.
- ↑ "Core Projects bags Jharkhand Government contract". Moneycontrol.com. Retrieved 2012-07-26.
- ↑ "InfoTryst – India IT Companies, Information, Services, Outsourcing, BPO, BackOffice, ITES « IT & ITeS". Tripsguru.com. Archived from the original on 2012-04-22. Retrieved 2012-07-26.
- ↑ United States. "KC MANAGEMENT HIAWATHA company profile, news, and business information | HighBeam Business: Arrive Prepared". Business.highbeam.com. Retrieved 2012-07-26.[dead link]
- ↑ "CORE Education & Technologies Directors Report | CORE Education & Technologies Ltd Directors Report". Economictimes.indiatimes.com. Retrieved 2012-07-26.
- ↑ 10.0 10.1 "Core Education & Technologies Limited – Company Snapshot". Alacrastore.com. 2011-05-24. Retrieved 2012-07-26.
- ↑ "Core Projects Announces the First Organized Foray in the Billion Dollar Teacher Capacity Building Market in India with a Path-Breaking Collaboration with University of Oxford". Ciol.com. Archived from the original on 2012-07-29. Retrieved 2012-07-27.
- ↑ "Core Projects Acquires UK's ITN Mark Education For $25M". VCCircle. 2011-05-24. Retrieved 2012-07-26.
- ↑ Raghunathan, Anu (26 July 2017). "After Reaching Stratospheric Highs, Indian Education Companies Now Face Crushing Lows". Forbes. Retrieved 2019-08-16.
- ↑ "CPT acquires Software Technical Services Inc". Moneycontrol.com. Retrieved 2012-07-26.
- ↑ 15.0 15.1 "Company: Core Projects & Technologies Ltd. – Core Projects & Technologies Ltd". Companydatabase.org. Archived from the original on 2012-04-03. Retrieved 2012-07-26.
- ↑ [pdf missing ]
- ↑ "Core Education & Technologies Limited – Company Snapshot". Alacrastore.com. 2011-05-24. Retrieved 2012-07-26.
- ↑ Business Standard (2008-05-22). "Core Projects & Technologies PAT jump 153%". Business-standard.com. Retrieved 2012-07-26.
{{cite web}}
:|author=
has generic name (help) - ↑ "Hamlet Computer Group Limited – Company Profile by Insideview". Insideview.com. Archived from the original on 2012-09-09. Retrieved 2012-07-26.
- ↑ "Core Education & Technologies Limited – Company Snapshot". Alacrastore.com. 2011-05-24. Retrieved 2012-07-26.
- ↑ "Core Education & Technologies Limited – Company Snapshot". Alacrastore.com. 2011-05-24. Retrieved 2012-07-26.
- ↑ "Core Education & Technologies Limited – Company Snapshot". Alacrastore.com. 2011-05-24. Retrieved 2012-07-26.
- ↑ 23.0 23.1 23.2 Parul Bhatnagar, ET Bureau Oct 1, 2010, 03.50am IST (2010-10-01). "Core to gain from demand in education space – Economic Times". Economictimes.indiatimes.com. Retrieved 2012-07-26.
{{cite web}}
: CS1 maint: multiple names: authors list (link) - ↑ "Core Projects" (PDF). Smartinvestor. 2010-10-24. Retrieved 2012-07-27.
- ↑ 25.0 25.1 https://web.archive.org/web/20120308220437/http://core-edutech.com/profile.html. Archived from the original on March 8, 2012. Retrieved July 29, 2012.
{{cite web}}
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