ACCESS Newswire

Open Assessment Technologies

16.5.2023 15:03:15 CEST | ACCESS Newswire | Press release

Share
Open Assessment Technologies S.A. Agrees to Acquisition by Uchida Yoko Co. Ltd. in Continuation of Its Global Growth Strategy

As Part of the Transaction, Uchida Yoko Makes Significant TAO® Roadmap Investment to Develop Next-Generation Assessment Design and Item Bank Solutions

LUXEMBOURG / ACCESSWIRE / May 16, 2023 / Open Assessment Technologies S.A. (OAT™), provider of TAO®, the leading open-source digital assessment solution for education and career advancement, announced the acquisition of 100% of its shares by Uchida Yoko Co., Ltd., Japan's Education Technology market leader, to further expand OAT's global customer base and to advance the development of its award-winning suite of integrated digital assessment products.

OAT is a market leader in assessment innovation. Accessible and fully interoperable, the TAO platform gives users the freedom to construct a best-of-breed solution around their individual needs. Its ability to fit into any existing learning ecosystem offers immediate cost-savings today and unparalleled investment protection for the future.

Building on their seven-year partnership, the acquisition of OAT by Uchida Yoko represents a significant step forward in the evolution of TAO-based solution offerings. By leveraging the strengths and resources of both companies, OAT and Uchida Yoko aim to create a more comprehensive digital education ecosystem that meets the evolving needs of educators globally.

"Since our launch in 2013, OAT has been a key driver in the adoption of modern and affordable e-assessment solutions across the world," says Marc Oswald, co-founder and CEO at OAT. "Now with Uchida Yoko, we're going to continue innovating by capitalizing on open source and open standards, the foundation that empowers education leaders to advance learning outcomes at all levels."

"The Japanese Ministry of Education (MEXT) established computer-based testing (CBT) across all schools in Japan. Using TAO, which has received worldwide acclaim, made it possible to promote it more effectively. By acquiring OAT, Uchida Yoko, which has been involved in education since 1946, will continue to contribute to open source assessment and learning solutions, and with a stable business foundation, both companies will continue to work together toward the future of education," says Noboru Okubo, President and CEO of Uchida Yoko.

Together with the TAO User Group, OAT and Uchida Yoko will set the direction for the evolution of TAO and the provision of integrated learning solutions globally.

Uchida Yoko's roadmap investment includes additional funding for the development of TAO Studio™, OAT's next-generation assessment design and item bank solution. TAO Studio will offer WCAG-compliant item authoring functionalities, making it easier to create accessible content from the ground up. To ensure a user-friendly experience, OAT will collaborate with the TAO User Group to develop a new, intuitive user interface for item banking and content design. This investment represents a significant step towards the company's goal of providing fully inclusive and accessible e-learning experiences.

"We are excited to continue working with our global customer base that includes ministries of education, content publishers, and educators at all levels," says Patrick Plichart, co-founder of OAT and Director of Product Strategy. "With the development of TAO Studio, we are able to provide a unique and intuitive experience for creating fair, valid, and reliable assessments."

TAO is being used nationwide by Ministries of Education such as France, Italy, Norway, Lithuania, and the United Kingdom, and by leading school districts such as New York City. More recently, TAO has been selected as OECD's platform of choice to deliver the PISA 2025 assessment program in more than 80 countries.

In Japan since 2020, TAO has been the official digital assessment solution for the Japanese Ministry of Education's national computer-based testing (CBT) program, MEXCBT, used in approximately 25,000 schools by 8.4 million students from elementary to high school across all prefectures. MEXCBT aims to realize a new learning method that can only be achieved digitally through the use of one PC/tablet per student (GIGA School Program) promoted by MEXT.

About TAO

TAO, from Open Assessment Technologies, is the leading digital assessment solution for education and career advancement. Modular and interoperable by design, TAO empowers you to break free from the confines of proprietary silos, eliminate expensive licensing fees, take full control of your testing resources, and enjoy enterprise-class support.

  • Company name: Open Assessment Technologies S.A.
  • Established: 2013
  • Capital: Privately Held
  • Main business activities:
    • Digital assessment authoring, delivery, rostering, and reporting software
    • Digital testing program implementation, strategy & development
    • IMS assessment software standards development
    • Assessment tools UX/UI & accessibility
  • Institutional shareholders:
  • Official website: https://www.taotesting.com/

About Uchida Yoko Co. Ltd.

  • Founded: 1910
  • Capital: 5 billion yen
  • Representative: Noboru Okubo, President and CEO
  • Consolidated sales (as of July 2022): 221.8 billion yen
  • Listing: Tokyo Stock Exchange (Prime Market)
  • Major customers:
    • Private companies, educational institutions from elementary schools to universities, national and local governments, etc.
  • Major businesses:
    • ICT-related business: approx. 70% (hardware, software, network, system integration, training services, etc.)
    • Environment construction-related business: approx. 30% (office space design, office furniture, teaching materials, etc.)
    • In the school market, which accounts for about 30% of total sales, the company provides total services from ICT solutions to build learning spaces and is known as a top brand with extensive experience and a proven track record.
  • Official website: https://www.uchida.co.jp/

Contact Information

Ashley Senkarik
Vice President, Digital Marketing & Inbound Sales
ashley@taotesting.com
+16095136074

Related Files

OAT-UCHIDA Press Release.pdf

SOURCE: Open Assessment Technologies

To view this piece of content from stats.newswire.com, please give your consent at the top of this page.

View source version on accesswire.com:
https://www.accesswire.com/755227/Open-Assessment-Technologies-SA-Agrees-to-Acquisition-by-Uchida-Yoko-Co-Ltd-in-Continuation-of-Its-Global-Growth-Strategy

To view this piece of content from www.accesswire.com, please give your consent at the top of this page.

About ACCESS Newswire

DK

Subscribe to releases from ACCESS Newswire

Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESS Newswire

ePropelled to Showcase Next Generation Electric Propulsion, Software Innovation and Autonomous Systems Capabilities at Farnborough International Airshow 202617.7.2026 17:00:00 CEST | Press release

Meet the ePropelled team in Hall 2, Stand 2039, on the New Hampshire Mission Pavilion FARNBOROUGH, UK / ACCESS Newswire / July 17, 2026 / ePropelled, a leading global provider of smart propulsion solutions and energy management systems, will exhibit at the Farnborough International Airshow 2026, showcasing its latest innovations for aerospace, defense and uncrewed vehicle applications. Visitors to Hall 2, Stand 2039 on the New Hampshire Mission Pavilion will have the opportunity to meet the ePropelled team and learn about a range of exciting developments, including new product launches, software innovations, technology updates and exclusive previews of next-generation solutions currently in development. With autonomy, electrification and intelligent mobility driving the future of aerospace and defence, ePropelled continues to develop advanced propulsion, power management and software technologies that enhance performance, efficiency and mission capability across air, land and maritime

As the UK Backs Life Sciences and Advanced Manufacturing, US PMO Firm MustardSeed Moves In to Help Deliver It16.7.2026 11:00:00 CEST | Press release

The expansion reflects growing client demand for embedded programme management support across highly regulated industries. WEST CHESTER, PA AND MANCHESTER, UK / ACCESS Newswire / July 16, 2026 / The UK Government's 2025 Modern Industrial Strategy has put life sciences, advanced manufacturing, defence, and clean energy at the centre of Britain's growth agenda. MustardSeed, a US-based programme management and PMO consultancy, is launching UK operations to help organisations in those sectors deliver on that ambition. The 2025 Modern Industrial Strategy names life sciences and advanced manufacturing among its eight priority sectors, alongside defence and clean energy. These are industries defined by complex, regulated, multi-stakeholder programmes where disciplined execution directly determines commercial and operational outcomes. MustardSeed, headquartered in West Chester, Pennsylvania, has built its practice around delivering that execution. The firm announced today the launch of its UK

Akkodis Recognized in the 2026 Gartner(R) Emerging Market Quadrant for Physical AI Services16.7.2026 06:45:00 CEST | Press release

Akkodis continues to advance full-stack engineering expertise and industrial-grade AI deployments. ZURICH, SWITZERLAND / ACCESS Newswire / July 16, 2026 / Akkodis, a global digital engineering consulting company and part of the Adecco Group, has been recognized as a Specialist in the Gartner Emerging Market Quadrant for Physical AI Services (PAIS), published on June 8, 2026. Physical AI services address the complex challenge of designing, developing, deploying and operating AI‑enabled physical systems - such as robots, autonomous systems including, vehicles, drones and industrial infrastructure - in real‑world environments. The Gartner report states "The PAIS market is moving from exploratory experimentation toward operational reliability at scale. This trend is driven by mounting labor constraints, safety requirements, infrastructure modernization and advances in AI, simulation and automation technologies." Full‑stack Physical AI capabilities with real‑world impact and measurable outc

Loar Holdings Inc. Announces Date and Time for Second Quarter 2026 Earnings and Conference Call15.7.2026 22:15:00 CEST | Press release

WHITE PLAINS, NY / ACCESS Newswire / July 15, 2026 / Loar Holdings Inc. (NYSE:LOAR) will report Q2 2026 earnings before the market opens on Thursday, August 6, 2026. A conference call will follow at 11:00a.m. Eastern Time. To participate in the call telephonically please dial +1 877-407-0670 / +1 215-268-9902. International participants can find a list of toll-free numbers here. A live audio webcast will also be available at the following link as well as through the Investor section of Loar Holdings website: https://ir.loargroup.com The webcast will be archived and available for replay later in the day. About Loar Holdings Inc. Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today's aircraft and defense systems. Loar has established relationships across leading aerospace and defense original equipment manufacturers and Tier Ones worldwide. Contact Ian McKillop Loar Holdings Inc. Investor Relations IR@loargro

Fermi Outlines Strategic Rationale for Upsized $431 Million Convertible Notes Offering15.7.2026 14:30:00 CEST | Press release

Flexible convertible structure with shareholder-friendly capped call minimizes dilution Proceeds strengthen liquidity in midst of customer and partner negotiations and preserve Fermi's speed-to-power advantage Attractive five-year cost of capital provides run room to advance multiple commercial tracks in parallel DALLAS, TX / ACCESS Newswire / July 15, 2026 / Fermi Inc. (Nasdaq:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), outlined today the strategic rationale for its recently closed and upsized offering of $431.25 million aggregate principal amount of 5.00% Convertible Senior Notes due 2031 (the "Notes"), which included the exercise in full of the initial purchasers' 13-day option to purchase up to an additional $56.25 million aggregate principal amount of Notes. The Notes are intended to strengthen Fermi's balance sheet, enhance liquidity, and support continued execution of Project Matador as the Company advances tenant, strategic partnership, and power-de

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye