Last updated on April 19, 2014 at 1:20 EDT

IBIS Capital and Edxus Group Announce the Launch of EdTech Europe

March 26, 2013

LONDON, March 26, 2013 /PRNewswire/ –

        - Summit to address the current industry and investment trends in Education
          Technology and e-Learning
        - Education sector is worth $4.4 trillion a year globally with e-Learning
          representing $91 billion growing at 17% p.a. until 2017
        - Highly fragmented industry, more than 3,000 e-Learning companies in Europe,
          ripe for consolidation and growth capital investment
        - Launch of EdTech Europe 20, the top 20 most innovative and fastest growing
          e-learning companies in Europe

IBIS Capital [http://www.ibiscapital.co.uk ] and Edxus Group
[http://www.edxusgroup.com ] are announcing the launch of EdTech Europe
[http://edtecheurope2013.eventbrite.co.uk ], an exclusive one day summit to be hosted in
its inaugural year at the London Business School on 14th June 2013.

The event will address the current industry and investment trends in Education
Technology and e-Learning for both the academic and professional learning sectors. The
event will bring together in one place: senior executives from established professional
learning and education players, innovators disrupting the established market order and
leading European institutional investors.

The summit will explore the business of educating and address questions such as: “Can
the traditional publishers respond quickly enough?”; “Is there a business case for Massive
Online Open Courses “MOOCs?”; “What is the role of big data?”; and “Why is there a
shortage of investment in European e-Learning?”

Charles McIntyre, CEO of IBIS Capital says:

“Education and training has been one of the least innovated areas in modern life
despite the fact it attracts over $4.4 trillion a year in spending. We now have the
technology infrastructure and software to make the next 10 years bear witness to more
change in education than has occurred in the last 100 years. With change comes disruption,
new business models and changes to the old order. The EdTech Europe event will be at the
very heart of this process and we are proud to help support this new event.”

Ed Tech Europe will also unveil the European EdTech 20: the top 20 most innovative and
fastest growing e-Learning companies in Europe.”

Benjamin Vedrenne-Cloquet, CEO & co-founder of Edxus Group adds:

“The disruption observed in the Education sector is global, technology driven and has
the potential to redefine durably the competitive advantages of our economies. There are
more than 3,000 e-learning companies in Europe. More than 10% of them have both truly
talented management teams and innovative products. For them to scale and compete globally,
they will need to consolidate and to access growth capital from leading institutional and
strategic investors. EdTech Europe is created to bring together the ecosystem of
innovators and capital; and Edxus Group aims to be a catalyst of the consolidation and
investment in the sector.”

Enquiries: info@edtecheurope.com

Booking EdTech Europe: click here. [http://edtecheurope2013.eventbrite.co.uk ]

Ed Tech Europe Linkedin group: click here
[https://www.linkedin.com/groups?gid=4875915&trk=hb_side_g ]

Twitter: @edtecheurope [http://www.twitter.com/edtecheurope ]

IBIS Capital [http://www.ibiscapital.co.uk ] is a London based specialist media
investment and advisory firm. (http://www.ibiscapital.co.uk)

Edxus Group [http://www.edxusgroup.com ] is a London based Education Technology
company recently formed to develop and acquire e-Learning businesses across Europe.

SOURCE IBIS Capital and Edxus Group

Source: PR Newswire