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QS Quacquarelli Symonds Ltd announces new Investor

London, 29th June 2015: QS Quacquarelli Symonds Ltd, publisher of the QS World University Rankings, and one the world’s leading higher education student recruitment companies, is pleased to announce it has taken a new minority investor, Mitsui & Co., Ltd.

QS, founded in 1990 as a student initiative at The Wharton School at University of Pennsylvania, is now headquartered in London. It offers services to over 1200 higher education institutions in over 70 countries. Apart from the QS World University Rankings, QS is also famous for QS Star Ratings, QS World MBA Tour, QS World Grad School Tour, QS World University Tour, TopUniversities.com and TopMBA.com attracting over 40 million web visitors per annum.

Mitsui is a multinational company with 48,000 consolidated employees in 140 offices around the world. Mitsui has taken a minority investment, with a view to supporting QS to expand its research, technology and student recruitment services around the world, and in Asia in particular, focused on improving the availability of information and the quality of services offered by universities to internationally mobile students. Mitsui has a history of promoting business activities focusing on human capital and is already engaged in the online education business in the United States and Brazil.

Economic globalization and the resulting growth in demand for global human resources are prompting more and more students to turn to overseas study as a pathway to future career development. This situation is expected to bring continuing growth in the number of people studying overseas. In English-speaking countries, such as the United States, the United Kingdom and Australia, and also in the non-English-speaking world, including Japan and China, governments are actively supporting the acceptance of overseas students and university globalization.

Mr Takeshi Akutsu, GM of Mitsui Service Business Division says “Our intention is to support QS as it expands information resources and services for students, and for universities and business schools worldwide. We also aim to use our experience in the online education field to create new services. At the same time, through this business we will help to nurture the global human resources needed by the global economy.”

Nunzio Quacquarelli, CEO of QS says “We are delighted to welcome Mitsui as our partner – an organization with a global presence, but which can especially support our development in Asia. We were seeking and have found a likeminded company which shares our long term vision.”

-END-

For more information please contact:

Simona Bizzozero
Head of PR
QS  Quacquarelli Symonds
m: +44 (0) 7880 620 856 । t:  +44 (0) 20 7284 7248
e: simona@qs.com । @QS_pressoffice

 

Notes for Editors

QS Quacquarelli Symonds  
Founded in 1990, QS Quacquarelli Symonds is the leading global provider of higher education and careers information, independent research and solutions. Its activities span across 50 countries, working with over 2,000 international universities and business schools. QS’s mission is to enable motivated people around the world to fulfil their potential by fostering international mobility, educational achievement and career development. QS provides services at each key career stage; first degree, Masters, PhD, MBA, and Executive-level. The team at QS consists of over 250 highly dedicated individuals from every corner of the world; collectively speaking 35 languages. QS is headquartered in London. Main offices: Paris, Singapore, Bucharest, Stuttgart. Satellite offices: Alicante ( Spain), Beijing, Johannesburg, Philadelphia, Portland ( Oregon), Shanghai, Sydney and Washington DC.
 

Mitsui & Co., Ltd.

Mitsui is one of the most diversified and comprehensive trading, investment and service enterprises in the world, with 140 offices in 66 countries as of June, 2015. Utilizing our global operating locations, network and information resources, we are multilaterally pursuing business that ranges from product sales, worldwide logistics and financing, through the development of major international infrastructure and other projects in the following fields: Iron & Steel Products, Mineral & Metal Resources, Infrastructure Projects, Integrated Transportation Systems, Chemicals, Energy, Food Resources, Food Products & Services, Consumer Services, IT & Communication, Corporate Development Business. Mitsui is actively taking on challenges for global business innovation around the world. For more information, visit http://www.mitsui.com.


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