CourseLoop : TechOne acquires CourseLoop for education boost

TechnologyOne has acquired Victoria-based higher education software provider CourseLoop, adding it into its solution ecosystem. According to the ERP software-as-a-service (SaaS) vendor, the addition of CourseLoop's Curriculum Management product to TechnologyOne's OneEducation enables it to cover the entire student lifecycle within one ERP solution. Other TechnologyOne education-related products include its Student Management, Timetabling & Scheduling, Human Resource & Payroll, Enterprise Asset Management and Finance solutions. In a statement, TechnologyOne said Curriculum Management will provide higher education institutions with data driven insights to create courses that are in demand, are financially sustainable and "deliver student success and institutional differentiation". "This acquisition is part of our strategy to deliver a student-centric, end-to-end ERP SaaS solution for the higher education sector," Technology CEO Edward Chung said. TechnologyOne's acquisition of CourseLoop comes close to a year after company recorded its fourteenth consecutive year of record revenue and profit growth in late November 2023. At the time, the company said it was in a strong position to explore merger and acquisition opportunities in the near and medium-term due ot its "strong balance sheet".