Open English Completes Acquisition of Fast Growing Online Vocational School, Next University

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Leading online English school in the Americas completes acquisition of
Next University as part of its growth and product diversification
strategy


COCONUT GROVE, Fla.–(BUSINESS WIRE)–Open English,
the leading online English-language learning school in the Americas,
announced today the acquisition of Next University. With this
acquisition, Open English increases its portfolio of online educational
products beyond English. Next University’s digital technology
certificates in high-demand areas such as Web Development, Android Apps
Development, and Software Development in JavaScript represent a dynamic
line-up of products Open English can now offer its current and
prospective students. Similar to Open English, Next University offers
its students a high quality and convenient educational experience that
is only possible through an online platform.

“The combination of Open English and Next University is a perfect fit
and a natural progression in the life cycle of these two companies, as
we offer a complementary value proposition to our students,” asserts
Andres Moreno, Founder and CEO of Open English and Founder of Next
University. “Through my experience since founding Open English seven
years ago, I have learned that there is a vast need for making education
more accessible to all. Just like speaking English, acquiring digital
technology skills also provides a path to access the highest demand
jobs,” he adds.

As the most successful education technology company in Latin America,
Open English has embarked on an ambitious plan to expand its
geographical reach and its line of products, and the acquisition of Next
University serves as a catalyst for this strategy.

“Next University has a very similar operational model to that of Open
English, and we share the same views in terms of product quality and
adding value to our students, including a focus on live instruction as
an essential part of the learning experience,” notes Greg Kress,
President and COO of Open English. “With over 450K student enrollments
at Open English, we are now ready to take those lessons learned and
apply them to the Next University model,” Kress concludes.

On a similar note, CEO of Next University, Gabriel Montoya, adds: “We
have had a short but very successful trajectory, and the exponential
enrollment growth we have seen in the last few months is a testament to
the growing demand for digital competencies in the workplace. To have
the support of an experienced and successful team like Open English’s
will allow us to focus on improving our academic offering, learning
experience, and the overall satisfaction of our students,” explains
Montoya.

As the companies begin the integration process, students from Open
English and Next University will receive many benefits, including
preferential terms on any of the educational products offered by either
institution.

“As Latin America moves towards the information economy, an Android Apps
developer definitively has a bright future, but a bilingual
Android Apps developer has an even brighter one,” remarks Moreno.

Open
English
:

Open English is the leading online English school in Latin America,
Brazil, and in the U.S. Hispanic market. The online school offers
personalized live classes, 24 hours a day, 7 days a week, with teachers
who are all native English-speakers. Today the company serves a large
and rapidly growing global market with a cumulative base of over 450,000
enrolled students and more than 1500 employees in six offices across the
Americas.

Next
University
:

Founded in late 2013 by Andres Moreno, Next University is one of the
fastest growing online education institutions in Latin America. Next
University is focused on providing certifications in the digital
technology areas with the highest job demand.

Contacts

Open English LLC
Greg Rothman, +1-305-443-3979
greg.rothman@openenglish.com