Trifork acquires Swiss edtech company

Trifork Holding and Institut für Bildungsevaluation Zürich AG (“IBE") have entered into a definitive agreement under which Trifork will acquire a majority stake (60%) in the Swiss IT-company. IBE is focused on developing and providing electronic learning and examinations to the schools in Switzerland and other German speaking countries. Key skills are in the area of educational measurement and methods of item response theory, which is the foundation for computer-based adaptive testing and learning.

Over a long period of time IBE has developed several products to support both learning and electronical testing. This including the Mindsteps platform for formative learning (www.mindsteps.ch) and “Checks” which is a platform for adaptive testing. IBE is based in Zürich and has 15 employees.

Trifork has for several years been an active partner in the development of IBE’s software. By combining Trifork’s ecosystem of technological competencies with IBE’s talented team and solid reputation in digital assessment and learning, the acquisition is expected to strengthen the position for both companies in the Swiss market.

"With Trifork as our new co-owner, IBE will have the power to expand the development of both our educational and examination systems and keep these updated with the latest technologies", says founder of IBE, Professor Urs Moser, and continues “Delivering top quality services based on solid research has been of utmost importance to us. This is very much in line with the DNA of Trifork. As a member of the Trifork family, we will be able to increase our customer and market base and continue to make a positive difference for both students and teachers."

(Press release / SK)