Business News This Week : Aptech Ltd the major IT trainer and education provider of India, has reportedly acquired Maya Academy of Advanced Cinematics (MAAC) for Rs. 76 crores. Ninad Karpe, the CEO and MD of Aptech's, briefed media over the acquisition in Mumbai to the media persons.
Maya Entertainment Ltd (MEL)is the parent company of MAAC. The acquisition would be advantageous for the shareholder of Aptech Ltd. However, the Aptech has not disclosed about the benefit to its shareholder over the recent acquisition. MAAC has been providing computer education in 3D animation and visual effects. Maya Entertainment Ltd was found in 1996.
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