by: TN Media News:
Classera, the leading EdTech company in the Middle East, has announced a major strategic move by acquiring Solutions Expert for Information Technology. This acquisition strengthens Classera’s role as a global education technology leader, especially in emerging markets.
Acquisition Announced at LEAP 2024 in Riyadh
The official signing ceremony took place at LEAP 2024, the world’s largest technology conference, held in Riyadh. The event was attended by Mr. Ibrahem AlNasser, Deputy Minister of Future Jobs and Capabilities, marking the significance of this strategic collaboration.
Enhancing Educational ERP Solutions
Solutions Expert is a prominent ERP provider with over 20 years of experience in the education sector. Its expertise will now complement Classera’s robust portfolio, allowing for a fully integrated educational technology ecosystem.
With this acquisition, Classera aims to offer institutions a comprehensive Learning Super Platform (LSP). This system will not only handle digital learning but also manage administrative and financial tasks such as:
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Human Resources
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Logistics Services
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Exam Management
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Student Admission Systems
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Sales and Purchases
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Inventory Tracking
All of these operations will now integrate seamlessly into Classera’s existing education platforms.
Classera’s Global EdTech Vision
Founded in Silicon Valley by Saudi entrepreneurs, Classera has quickly grown into a top player in EdTech, particularly in emerging markets. The company currently operates in over 40 countries, empowering educational and training institutions with cutting-edge technology.
Classera is also part of the Saudi Unicorns Program, backed by Sanabil Investments, a subsidiary of the Saudi Public Investment Fund, along with several global investment partners.
The company has received numerous international awards for its technological innovation and holds the largest market share in educational technology across the Middle East.
Leaders Share Their Vision
Mohammed Almadani, Founder and Chairman of Classera, expressed his enthusiasm about the deal:
“We are pleased to announce this strategic acquisition, which represents a golden opportunity to enhance our leadership in digital education. Our Learning Super Platform (LSP) will now offer even more comprehensive solutions to meet the needs of various education and training sectors under one umbrella.”
He further emphasized Classera’s commitment to Saudi Vision 2030, stating:
“We are dedicated to supporting and developing educational and training capabilities in the Kingdom of Saudi Arabia while contributing to the national economy.”
On the other side of the partnership, Odeh bin Mohammed Al-Juhani, Chairman of Solutions Expert for Information Technology, said:
“We are thrilled about joining forces with Classera. This partnership will enable us to expand our innovative solutions across the Kingdom and beyond, strengthening the development of educational institutions in various sectors.”
A New Era for EdTech in the Middle East
This acquisition marks a significant milestone for EdTech growth in Saudi Arabia and the wider Middle East region. It demonstrates Classera’s commitment to revolutionizing education through technology, helping institutions streamline operations while enhancing the learning experience.
