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eLandia to Acquire CTT Corporation and Affiliates

eLandia has entered into a definitive agreement to acquire CTT Corporation. eLandia has committed additional funds following the closing of the transaction to expand CTT's footprint both organically and through acquisitions into additional locations in Latin America in order to capture the growing demand for Education Services throughout the region. Specific financial terms of the agreement were not disclosed.

CTT provides a comprehensive delivery platform to support talent development and transformation with a direct or indirect presence in more than 11 countries throughout Latin America. In addition to enriching its business via the CTT platform and intellectual capital, eLandia plans to leverage CTT's knowledge, learning solutions, suite of proprietary curriculum and certification courses to provide enhanced services to its enterprise customers.



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