NIIT Learning Systems Limited acquires SweetRush, Inc. for up to USD 26 million

NIIT Learning Systems Limited (NIIT MTS), a global leader in Managed Learning Services, has acquired 100% of SweetRush, Inc., a leader in AI-enabled custom learning experience design and strategic training interventions. The acquisition, completed through NIIT MTS’ wholly owned subsidiary, NIIT (USA), Inc., is for an aggregate consideration of up to USD 26 million, including annual performance-based earnouts over the next five years. The union brings together SweetRush’s custom, AI-enabled, human-centered learning experience design with NIIT’s global managed learning scale, expanding NIIT MTS’ services portfolio and providing an opportunity to convert project-based relationships into longer-duration, annuity-like managed learning engagements.