/PRNewswire/ GP Strategies Corporation (NYSE: GPX), a global provider of workforce transformation solutions has reached an agreement with Toshiba America.
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Toshiba America Energy Systems Corporation ( TAES ), an affiliate of Kawasaki, Japan-based Toshiba Energy Systems & Solutions Corporation ( Toshiba ESS ), has reached agreement with GP Strategies Corporation (NYSE:GPX), a global provider of workforce transformation solutions, to acquire its EtaPRO
® business.
TAES will acquire the rights to the EtaPRO
® name and brand as well as the entirety of GP Strategies interests in the EtaPRO
® software platform pursuant to an asset purchase agreement. The purchase includes the EtaPRO
® trademarks and intellectual property rights, all customer contracts related to EtaPRO
®, and all of its related services such as maintenance and remote monitoring. Upon closing, TAES will integrate EtaPRO