The deal, worth a concealed amount, marks the next action in GlobalNxt’s strategy to construct its portfolio, which presently specialises in open and range learning.
The group’s other assets consist of OTHM Credentials, London Graduate School, which runs in the UK and Malta, and Sri Lanka-based Wisdom Business Academy.
“The acquisition of GlobalNxt University marks a defining moment in our journey,” said SM Shamrat, executive chairman and CEO of GlobalNxt. “By uniting the strengths of our institutions throughout the group, we aim to create a more connected and inclusive global learning community.”
Based in Malaysia, GlobalNxt University provides bachelor’s, master’s and doctoral programs to trainees mainly through digital and range learning, although it also offers some face-to-face mentor.
By combining the strengths of our organizations throughout the group, we intend to produce a more connected and inclusive international knowing neighborhood
SM Shamrat, GlobalNxt
GlobalNxt University was initially developed in Singapore in 2001 as U21Global– a joint endeavor in between Universitas 21 and Thomson Learning– and was an early pioneer in online graduate education.
Following changes in ownership, it signed up with India’s Manipal Group and later transferred to Malaysia. It was rebranded as GlobalNxt University in 2012, before ending up being Manipal GlobalNxt University in 2018. After the acquisition by GlobalNxt previously this year, the university has returned to using the GlobalNxt University name.
The organization provides programs in business, management, IT, law, education and psychology, with a strong emphasis on adult students and working professionals. Its flexible paths include acknowledgment of prior experiential learning, enabling accelerated development.
GlobalNxt University is considering new a London school later this year, as GlobalNxt sets an ambitious development target to dish out to 100,000 students a year by 2030.
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