Tribal acquires private social network Intellectual Property for its education markets
Tribal Group plc today announced the acquisition of the Intellectual Property Rights (IPR) and exclusive distribution rights for the Wambiz private social network solution to the education markets across the UK, Australia and New Zealand. Tribal will also have the rights to sell the solution into Canada. As Tribal will now own and manage the education solution, all Wambiz’s existing education customers will be transferred to Tribal, and will have access to enhanced support services, including a staffed first-line service desk.
The Wambiz solution will be integrated into Tribal’s new student information framework and is a key step in the execution of Tribal’s product strategy, driving a single engagement solution for students in all education markets. Tribal’s acquisition shows the strong commitment to both the existing Wambiz social collaboration functionality, as well as Tribal’s continued commitment to improving the student experience.
Tribal will support existing Wambiz education customers and all the existing Wambiz applications. Likewise, current Tribal customers using the solution marketed as ontrack buzz will experience no difference. However, all customers can now look forward to further enhancements from Tribal as we look to develop the solution further to meet the specific needs of the education market.
Barbara Staruk, Managing Director Product and Development, Tribal declared
“We are excited to have formalised our relationship with Wambiz and have the opportunity to fully integrate the Wambiz solution into our new Student Information framework. We welcome all of Wambiz’s education customers to Tribal’s extensive customer community and will look to provide them with exceptional support and even more innovative solutions as we move forward.
“Engaging students is key to ensure successful education outcomes. We felt that the Wambiz solution enables communications between students and staff in a way that is both intuitive and current, and is already proven at numerous education institutes in both Higher and Further Education.
“Our agreement allows us to embed and extend the functionality and this will be made available as a module in our new Student Information framework. This enhances our current market-leading Student Information systems and also makes it available to institutions that do not have Tribal software.”
Harry Jawanda, CEO and Co-Founder, Wambiz commented
“It was important for us to find a partner that understands education and could take our solution deeper into that market. We were also delighted that Tribal shared our vision of using private social networks to improve student engagement as the most natural way for students to communicate. Tribal has the resources to extend and grow this functionality in the education markets within their territories whilst allowing Wambiz to focus on the rest of the world.