April 14, 2017 | Volume 48, Number 8

EM Exclusive: What’s Ahead in the K-12 Testing Market?

One of the most significant trends in K-12 testing has been the uptake of online testing in recent years. The move to digital delivery of assessment jumped significantly in the lead-up ...

Pearson Taps Chegg for New Textbook Rental Program

Pearson (London/New York) in April tapped Chegg (Santa Clara, CA) to market and rent 50 high-volume college textbook titles as part of Pearson’s effort to combat the competition from ...

M&A Market Shrinks in 2016, but Changes Looming in Ed Sector

Blockbuster acquisitions in educational publishing and services pretty much receded into the pre-2016 history, but the potential for new deals—most likely smaller ones—as companies ...

Bertelsmann Expands Education in U.S. and Asia

International media, services and education company Bertelsmann (Gütersloh, Germany) in April expanded its e-learning offerings as its subsidiary Relias Learning completed its full ...

School Specialty Secures New Financing

K-12 distributor School Specialty (Greenville, WI) in April successfully completed the closing of a new $140 million term loan and amended its current $125 million revolving credit ...

State Education Agendas

Arizona Expands School Voucher ProgramGov. Doug Ducey on April 6 signed into law an expansion of the state’s Empowerment Scholarship Account program to make all public school ...

Campuses Expand Use of Sonic Foundry Solutions

Lecture capture and video webcasting solutions provider Sonic Foundry (Madison, WI) in early 2017 expanded the use of its solutions at two universities and promoted two sales ...

Milken-Penn Venture Finalists Named

The University of Pennsylvania’s Graduate School of Education and the Milken Family Foundation in March announced the 11 venture path finalists in the Milken-Penn GSE Education ...

Partnerships & Acquisitions 4/14/2017

Digital education content delivery solutions provider VitalSource Technologies (Raleigh, NC), a business of Ingram Content Group (Nashville, TN) in April acquired Verba Software (San ...

Financial Briefs 4/14/2017

Aspen Group (New York), a higher education distance-learning operator, in April closed a $7.5 million common stock private placement to institutional and accredited investors. New and ...

People 4/14/2017

John Wiley & Sons (Hoboken, NJ) in April named Guido F. Herrmann publishing leader for Germany based in Weinheim, Germany and managing teams in Hoboken, Oxford and Beijing involved ...

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