Techwatch, the publisher of Bits & Chips and Mechatronica & Machinebouw, has become the sole owner of High Tech Institute after acquiring all shares.
Formerly known as the Philips Centre for Technical Training, researchers and scientists of High Tech Institute have spent years developing technical training with their leading-edge knowledge; making them available for the people within High Tech Institute’s product divisions, and then eventually available for the whole high-tech ecosystem in the Netherlands.
René Raaijmaker owner and managing director of Techwatch and High-Tech Institute, explained how “The training institute fits with the mission of Techwatch as supplier of independent information and knowledge”.
It’s no secret that this is a clever move for Techwatch, as the post-academic trainings of High Tech Institute fit perfectly within Bits & Chips and Mechatronica & Machinebouw target audience of engineers and technical managers in electronics, mechatronics, optics and software.
It is impressive to see Techwatch take this leap of faith and make this move, as it shows that at least one publisher in the industry is thinking creatively about their business. This is definitely an opportunity that further publishers can take advantage of in the future, and with a clear fit between training and publishing, it would good to see more publishers making similar moves to Techwatch.