Leading higher education software provider Scientia has been acquired by a listed Australian enterprise in a £12 million deal.
Founded in Cambridge in 1989, Scientia started out with timetabling software for schools and colleges before developing a suite of solutions for the entire education sector.
Around 50% of the UK and 75% of the Australian higher education market now use its tools.
TechnologyOne, one of Australia’s largest enterprise Software as a Service companies, has moved for the company to ‘solidify its dominance in the higher education market’.
“This is our company’s first international acquisition and it demonstrates our deep commitment to serving the higher education sector and the UK market,” said founder and executive chairman Adrian Di Marco.
“The unique IP and market-leading functionality of Scientia’s product supports our vision of delivering enterprise software that is incredibly easy to use.
“We are excited about the opportunities this will bring to both our UK and Australian customers in the coming years.”
Customer Michelle Gillespie, registrar and director of student administration and library services at Swinburne University of Technology, said: “The one thing that students care most about is their timetable.
“Being able to fully integrate a schedule into the full student experience is very important, and an exciting step for those universities – like Swinburne – that use TechnologyOne’s student management system.”