As Part of the Transaction, Uchida Yoko Makes Significant TAO®
LUXEMBOURG / ACCESSWIRE /
OAT is a market leader in assessment innovation. Accessible and fully interoperable, the TAO platform gives users the freedom to construct a best-of-breed solution around their individual needs. Its ability to fit into any existing learning ecosystem offers immediate cost-savings today and unparalleled investment protection for the future.
Building on their seven-year partnership, the acquisition of OAT by Uchida Yoko represents a significant step forward in the evolution of TAO-based solution offerings. By leveraging the strengths and resources of both companies, OAT and Uchida Yoko aim to create a more comprehensive digital education ecosystem that meets the evolving needs of educators globally.
"Since our launch in 2013, OAT has been a key driver in the adoption of modern and affordable e-assessment solutions across the world," says
"
Together with the
Uchida Yoko's roadmap investment includes additional funding for the development of TAO Studio™, OAT's next-generation assessment design and item bank solution.
"We are excited to continue working with our global customer base that includes ministries of education, content publishers, and educators at all levels," says Patrick Plichart, co-founder of OAT and Director of Product Strategy. "With the development of
TAO is being used nationwide by Ministries of Education such as
In
About TAO
TAO, from Open Assessment Technologies, is the leading digital assessment solution for education and career advancement. Modular and interoperable by design, TAO empowers you to break free from the confines of proprietary silos, eliminate expensive licensing fees, take full control of your testing resources, and enjoy enterprise-class support.
- Company name:
Open Assessment Technologies S.A. - Established: 2013
- Capital: Privately Held
-
Main business activities:
- Digital assessment authoring, delivery, rostering, and reporting software
- Digital testing program implementation, strategy & development
- IMS assessment software standards development
- Assessment tools UX/UI & accessibility
-
Institutional shareholders:
- ACT - https://act.org
- Cito - https://www.cito.com/
- LIST - https://www.list.lu/
- Official website: https://www.taotesting.com/
About
- Founded: 1910
-
Capital:
5 billion yen -
Representative:
Noboru Okubo , President and CEO -
Consolidated sales (as of
July 2022 ):221.8 billion yen -
Listing:
Tokyo Stock Exchange (Prime Market) -
Major customers:
- Private companies, educational institutions from elementary schools to universities, national and local governments, etc.
-
Major businesses:
- ICT-related business: approx. 70% (hardware, software, network, system integration, training services, etc.)
- Environment construction-related business: approx. 30% (office space design, office furniture, teaching materials, etc.)
- In the school market, which accounts for about 30% of total sales, the company provides total services from ICT solutions to build learning spaces and is known as a top brand with extensive experience and a proven track record.
- Official website: https://www.uchida.co.jp/
Contact Information
Vice President, Digital Marketing & Inbound Sales
ashley@taotesting.com
+16095136074
Related Files
OAT-UCHIDA Press Release.pdf
SOURCE: Open Assessment Technologies
View source version on accesswire.com:
https://www.accesswire.com/755227/Open-Assessment-Technologies-SA-Agrees-to-Acquisition-by-Uchida-Yoko-Co-Ltd-in-Continuation-of-Its-Global-Growth-Strategy
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