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Pearson Acquires The Administrative Assistants Ltd
Pearson — Tuesday, November 16, 2010
As the provider of PowerSchool® and Chancery SMS®, Pearson's SIS applications support approximately 11 million students. The acquisition of aal extends Pearson's current SIS market reach and leadership to over 15 million students. Furthermore, aal's new eSIS®JX product will provide increased international market opportunity for Pearson's K-12 technology platform. Read More »
K12 Inc. Announces Strategic Investment in China-based Company
K12 Inc. — Monday, November 08, 2010
K12 Inc. announced today that its Board of Directors has approved a strategic investment in Web International English, a leading education provider in China. The $10 million investment gives K12 a 20% minority interest in Web, with the option to acquire the remaining ownership interests in the company. Read More »
K12 Inc. Reports First Quarter 2011 Results, 2011 Outlook
K12 Inc. — Saturday, November 06, 2010
K12 Inc., a leading provider of proprietary, technology-based curriculum and education services created for individualized learning for students in kindergarten through 12th grade, today announced its results for the first quarter of fiscal year 2011. Read More »
Blackboard Inc. Reports Third Quarter Revenue of $120.8 Million
Blackboard Inc. — Wednesday, November 03, 2010
Total revenue for the quarter ended September 30, 2010 was $120.8 million, an increase of 23 percent over the third quarter of 2009. Product revenues for the quarter were $112.3 million, an increase of 28 percent over the third quarter of 2009, while professional services revenues for the quarter were $8.5 million, a decrease of 19 percent over the third quarter of 2009. Read More »
K12 Inc. Announces Acquisition of American Education Corporation
K12 Inc. — Tuesday, November 02, 2010
K12 Inc. announced today the entrance into a definitive agreement, under which K12 will acquire American Education Corporation (AEC), a leading provider of research-based core curriculum instructional software for kindergarten through adult learners. Read More »
K12 Inc. Announces Partnership with National Society of High School Scholars
K12 Inc. — Wednesday, October 27, 2010
The partnership gives members of NSHSS special access to more than 130 high quality online high school courses through K12’s online private school – The K12 International Academy. NSHSS students will be able to choose from a variety of course offerings including Honors, AP®, world languages, technology, and multiple electives, at discounted rates. Read More »
Education Philanthropy Misses the Mark in Helping American Students
National Committee for Responsive Philanthropy — Wednesday, October 27, 2010
Every year, our nation's grantmakers give billions of dollars in grants for education. Yet, only a small fraction of these foundations provides funding to address the specific needs of lower-income and other vulnerable students. An even smaller number supports efforts to solve the education equity crisis, according to a new report to be released today. Read More »
Scientific Learning Reports Third Quarter Results
Scientific Learning Corporation — Sunday, October 24, 2010
Third Quarter Results: Total revenues decreased 50% to $10.2 million, while booked sales decreased 56% to $11.4 million, caused by a K-12 booked sales decrease of 59% to $10.5 million; Gross profit decreased 56% to $7.4 million and gross margin decreased to 72.6% from 84.0% of total revenues; Read More »
HMH Innovation Fund Now Accepting Submissions from Growth-Stage Businesses
Houghton Mifflin Harcourt — Saturday, October 23, 2010
Houghton Mifflin Harcourt (HMH) today launched the submission process for organizations seeking funding from the Company’s $100 million Innovation Fund, announced this September. At www.hmhco.com/innovation/, growth-stage businesses can now submit education-focused business plans for consideration. Read More »
Triumph Learning Acquires Educational Tools, Inc.
Triumph Learning, LLC — Monday, October 18, 2010
Triumph Learning, the market leader in state-specific, standards-focused education material that supports student instruction, said today that it has acquired Educational Tools, Inc., the developer of the industry leading iCORE digital curriculum product for state-aligned and Common Core standards instruction. Terms of the transaction were not provided Read More »
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