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ARM Innovation Hub
5 May, 2006 - 12:23 By Staff Reporter

MK firm bought by Europeans

European e-learning and managed benefits services provider, Futuremedia, has completed the acquisition of Milton Keynes-based EBC, a leading e-learning company, for £4.45 million.

EBC has built a strong client list with extensive presence in the automotive, financial and service industries and the ability to expand its learning business internationally.

It is expected to generate over £2m in revenues and over £500K in profit for 2006.

The new group will have 100 employees: 65 in Futuremedia’s Brighton base and 35 working at EBC.

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