Business Headlines RSS Feed
Scholastic Acquires Math Solutions
Scholastic — Monday, September 13, 2010
Scholastic announced today that it has acquired Math Solutions, a leading authority on K-12 mathematics instruction, providing teachers with the highest quality professional development services, publications and resources. Founded by renowned mathematics educator and author, Marilyn Burns, Read More »
Measured Progress Acquires Nimble Assessment Systems
Measured Progress — Saturday, September 11, 2010
Measured Progress has purchased Nimble Assessment Systems, a Newton, Massachusetts-based firm that specializes in computer-based testing with an emphasis on accessibility for students with disabilities and special needs. Nimble's products help the many students who need classroom accommodations... Read More »
K12 Inc. Reports Q4 and Full Year 2010 Results
K12 Inc. — Saturday, September 11, 2010
Revenues for the fiscal year 2010 (FY 2010) grew to $384.5 million, an increase of 21.8 percent over the same period prior year, primarily due to strong enrollment growth. EBITDA for FY 2010 increased 41.8 percent over the same period in the prior year to $61.2 million. Net income - K12 Inc. for the year was $21.5 million as compared to Net income - K12 Inc. of $12.3 million in the same period in the prior year, an increase of 74.8 percent. Read More »
Digital River Acquires Journey Education Marketing
Digital River, Inc. — Tuesday, September 07, 2010
Digital River, Inc. has acquired Journey Education Marketing, Inc., a leading reseller of software and hard goods for students, faculty, educational institutions and public school districts in the U.S. K-12 and post-secondary academic markets. Journey Education Marketing owns, markets and operates two of the leading brands in the education market, JourneyEd and Academic Superstore. Read More »
NSDC's New Name Is Learning Forward
National Staff Development Council — Wednesday, September 01, 2010
The National Staff Development Council (NSDC) today announced its new name, Learning Forward. The name change reflects not only the organization's growth over its 41-year history, but also better represents the vision of the organization as a powerful advocate for teacher and student learning, according to Executive Director Stephanie Hirsh. Read More »
CDI Completes Management Buyout
CDI Computers — Wednesday, August 25, 2010
CDI Computers, North America’s leading supplier of recertified technology to the Education market has just announced the completion of a management buyout from its corporate parent, with the backing of New York based private investors. Read More »
Lightspeed Systems Achieves Fourth Consecutive Inc. 5,000 Ranking
Lightspeed Systems Inc. — Tuesday, August 24, 2010
Inc. magazine today recognized Lightspeed Systems Inc., a leader in school network security and management, on its fourth annual Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies. This is the fourth consecutive year the company has earned a spot on the list, moving up in the ranking from 2,071 in 2009, to 1,957 in 2010. Read More »
William H. Sadlier, Inc. & Robert-Leslie Publishing, LLC Announce Collaboration
William H. Sadlier, Inc. — Wednesday, August 18, 2010
Under the collaboration, Sadlier will become the exclusive world-wide distributor of RLP educational products, including The InvestiGator Club Prekindergarten Learning System®, a comprehensive program of instruction, teacher support, and materials for the preschool classroom. Read More »
Scientific Learning Reports Second Quarter Results
Scientific Learning Corporation — Wednesday, August 11, 2010
Scientific Learning Corporation announced financial results for the second quarter ended June 30, 2010. Total revenues increased 16% to $12.3 million, total booked sales decreased 7% to $12.0 million and K-12 booked sales decreased 7% to $10.8 million. Read More »
Blackboard Inc. Reports Q2 Revenue of $107.7 Million
Blackboard Inc. — Monday, August 09, 2010
Total revenue for the quarter ended June 30, 2010 was $107.7 million, an increase of 17 percent over the second quarter of 2009. Product revenues for the quarter were $97.5 million, an increase of 17 percent over the second quarter of 2009, while professional services revenues for the quarter were $10.3 million, an increase of 17 percent over the second quarter of 2009. Read More »
