Business Headlines RSS Feed
Edline Announces Acquisition of TH(i)NQ Ed
Edline — Wednesday, April 27, 2011
Today Edline (edline.com) announces the acquisition of TH(i)NQ Ed, formerly SchoolCenter, a leading provider of K-12 website and communication solutions. With the addition of TH(i)NQ Ed, Edline’s comprehensive Learning Community Management System (LCMS) offerings will now be used by over 20,000 schools and serve a K-12 community of more than 20 million students, parents and teachers. Read More »
Scientific Learning Reports Q1 Financial Results
Scientific Learning Corporation — Wednesday, April 27, 2011
Scientific Learning Corporation announced financial results for the first quarter ended March 31, 2011. Total revenue in the first quarter of 2011 was $10.4 million, compared to $11.1 million in the first quarter of 2010. Total booked sales for the first quarter were $8.1 million, an increase from $8.0 million in the first quarter 2010. Read More »
Pearson To Acquire Schoolnet
Pearson — Tuesday, April 26, 2011
Pearson is announcing the acquisition of Schoolnet, a fast-growing and innovative education technology company that aligns assessment, curriculum and other services to help individualize instruction and improve teacher effectiveness. Pearson will acquire Schoolnet for $230m in cash. Read More »
STI Relocates on U of South Alabama Campus to High-Tech Facility
STI — Thursday, April 21, 2011
STI has relocated its headquarters to a new facility in the Technology and Research Park on the University of South Alabama campus in Mobile. STI, a leading provider of education data management systems, moved to a larger, more modern office complex to accommodate the company’s continued growth, provide greater access to world-class university resources and talent, and spur innovation. Read More »
Corwin and AESA Announce New Partnership
Corwin — Saturday, April 16, 2011
Corwin and the Association of Educational Service Agencies (AESA) have signed a partnership agreement to work together on a comprehensive joint marketing program. As a Business Partner organization, Corwin will co-create books, training programs and seminars designed to meet the needs of AESA’s 553 member educational service agencies (ESAs) in 45 states. Read More »
Random House, Inc. Invests in Flat World Knowledge
Flat World Knowledge — Thursday, April 07, 2011
Random House, Inc. announced it has become an investor in Flat World Knowledge, a publisher of high-quality college textbooks that students can read free online or purchase in various print and digital formats. For Flat World Knowledge, the Random House investment closes the Series B funding round announced in January... Read More »
Califone® Acquires Headphones & Headsets from Telex®
Califone — Monday, April 04, 2011
Califone announced that it has reached an agreement to acquire the Discovery™, Odyssey™, Explorer™ and 610™ brand names of headphones, headsets and their replaceable cords from Telex. The purchase, effective immediately, transitions the manufacturing, marketing and distribution of the product lines to fall under full Califone ownership Read More »
Carson-Dellosa Acquires Key Education Publishing Company
Carson-Dellosa Publishing, LLC — Monday, April 04, 2011
Carson-Dellosa Publishing, LLC has acquired Key Education Publishing Company, a provider of resources and developmentally appropriate curriculum for young and special needs learners. The addition of Key Education to the Carson-Dellosa brand family enhances the product offerings for Pre-K through grade 4. Read More »
Connections Academy Establishes New Corporate Entity
Connections Education — Wednesday, March 30, 2011
A new corporate entity called Connections Education has been established to meet the growing demand for quality K-12 online learning. The new company is the result of an expansion by leading virtual school provider, Connections Academy, and supports a newcorporate structure. Read More »
Inkling Secures Major Investment from McGraw-Hill and Pearson
Inkling — Wednesday, March 23, 2011
Inkling, creators of the new standard for interactive learning on iPad, secured significant minority investments from McGraw-Hill and Pearson. Current investors Sequoia Capital, Felicis Ventures, Kapor Capital, and Sherpalo Ventures also participated in the multi-million dollar financing. The investment signals a major endorsement from the publishing industry for the Inkling platform as a leader in the rapid shift to digital textbooks. Read More »
