Business Headlines RSS Feed
Lightspeed Systems Earns Spot on Inc. 5,000 List for Third Consecutive Year
Lightspeed Systems Inc. — Monday, August 17, 2009
Lightspeed Systems Inc., a leader in network security and management software for schools, has been recognized on the Inc. 5,000 list for the third year in a row as one of the fastest-growing private companies in America. Read More »
The American Education Corporation Reports 2009 Second Quarter and Six-Month Gains in Revenues
The American Education Corporation — Friday, August 14, 2009
The American Education Corporation today announced that for the second quarter and six-month period ended June 30, 2009, net revenues increased 9 percent and 8 percent, respectively. Net revenues for the 2009 second quarter were $4,380,855, compared to $4,005,575 for the same quarter of 2008. Read More »
Teachscape, Inc. Secures $16 Million Investment; ABS Capital Partners Attracted to Leader in Teacher Effectiveness
Teachscape, Inc. — Thursday, August 13, 2009
Proceeds will be used for expansion in this current favorable environment as well as continued development of leading technology-enabled products. Phil Clough and Ralph Terkowitz, General Partners at ABS Capital will join the Company’s board of directors. Read More »
The van Tulleken Company Rebrands as Quayle Munro
The van Tulleken Company — Thursday, August 13, 2009
Quayle Munro Holdings PLC announces that its subsidiary, The van Tulleken Company, Inc. is now operating as Quayle Munro, Inc. The van Tulleken Company was acquired by Quayle Munro Holdings, an independent UK merchant bank, in 2008. Read More »
Vantage Learning Acquires DigitalSports
Vantage Learning — Monday, August 10, 2009
Vantage Learning's commitment to the K-12 market is extended by adding the premier schedule, roster and data management toolkit for Athletic Directors to the portfolio of Vantage Learning's web-based instructional and school management solutions. Read More »
Barnes & Noble To Acquire Barnes & Noble College Booksellers, Reuniting Barnes & Noble Brand
Barnes & Noble, Inc. — Saturday, August 08, 2009
Barnes & Noble, Inc. announced a definitive agreement to acquire privately held Barnes & Noble College Booksellers, Inc., a leading contract operator of college bookstores in the United States, in a transaction valued at $596 million, or approximately $460 million net of College’s cash on hand on the expected closing date. Read More »
Online Sales Leader Journey Education Marketing, Inc. Chosen To Handle Sales of ConceptShare Online Tool for Sharing Visual Projects
Journey Education Marketing, Inc. — Saturday, August 08, 2009
ConceptShare, Inc., selected JEM, the leading online marketer of software to K-12 and college education, as the exclusive reseller for its product in the education market. JEM will sell ConceptShare directly to college students and schools through its national dealer websites. Read More »
Blackboard Inc. Reports Second Quarter Revenue of $92.1 Million
Blackboard Inc. — Wednesday, August 05, 2009
Total revenue for the quarter ended June 30, 2009 was $92.1 million, an increase of 22 percent over the second quarter of 2008. The increase in revenue was driven by strong growth in Blackboard's professional services and managed hosting. Read More »
SMART Advances Leadership in U.S. Interactive Whiteboard Category with 63 Percent Share
SMART Technologies — Tuesday, August 04, 2009
SMART Technologies announces it has increased its interactive whiteboard category share in the United States to 63.4 percent in the second quarter of 2009. This figure represents an increase of 3.3 percentage points over first quarter results. Read More »
Leapfrog Announces Second Quarter 2009 Financial Results
LeapFrog Enterprises, Inc. — Monday, August 03, 2009
Net sales for the quarter were $49.4 million, down 27.7% compared to $68.3 million in the same quarter a year ago. Gross margin for the quarter was 37.9%, compared to a gross margin of 39.3% a year ago. Net loss for the quarter was $12.2 million, an improvement of 40.6% compared to a net loss of $20.6 million a year ago. Read More »
