MSX International to acquire Pacific Technology Solutions.

MSX International, a leading technology-enabled business process outsourcing company supporting car manufacturers around the world, acquired Pacific Technology Solutions, a leading provider of eLearning, training development and performance improvement solutions to the automotive industry. Financial terms were not disclosed. With the acquisition of PTS, MSX strengthens its Channel Management product portfolio with PTS's suite of software tools, proven e-learning and training management platforms. PTS maintains long-standing relationships with world-class automotive manufacturers, distributors and tier-one suppliers in the US, helping them reduce overhead costs, deliver high return on investment and increase customer satisfaction. "We are very excited to welcome the talented PTS team to MSX International. Bringing PTS into the MSX family complements our digitalization strategy and significantly enhances our existing capabilities across the e-learning and training segment in North America," Patrick Katenkamp MSX International CEO. "Jointly, we will create a unique value proposition with scalable solutions that provide added value to our customers by accelerating their operational performance," he added.