February 28, 2020 | Volume 51, Number 5

Pearson Caps 2019 with Business Transformation

For Pearson (London/ Hoboken, NJ), 2019 was another year of becoming: The U.S. K-12 curriculum business and the company’s remaining stake in trade publisher Penguin Random House ...

Pearson’s New Reporting Structure

Beginning in 2020, Pearson (London/New York) set up a new reporting structure. Until now, Pearson has reported in four segments: North America, Core, Growth and Penguin Random House. ...

HMH Looks for More Growth in 2020

Houghton Mifflin Harcourt (Boston) generated $1.39 billion in revenue in 2019, up 5.2% from 2018, driven by what HMH CEO Jack Lynch called “record results” in the company’s ...

Cengage Unlimited Tempers Company Revenue Decline

At Cengage (Boston), the story is all about the Cengage Unlimited subscription model for higher education. (Well, it’s also about the merger with McGraw-Hill (New York); for that, ...

Extensive Review Pressuring Cengage/McGraw Hill Merger Plans

Cengage (Boston) CEO Michael Hansen said in February that the extended review period for the proposed Cengage/McGraw Hill (New York) merger should not impede their joint strategy for ...

InferCabulary Wins LearnLaunch Pitch Contest

The LearnLaunch Across Boundaries conference in late winter in Boston is all about accelerating innovation in education.As in years past, one of the most-asked questions of school and ...

LearnLaunch2020 Pitch Competition Semifinalists

2gnoMe—(To know me) professional learning tool for teachersArist—text-message learning platformAscend—academic/behavioral motivation toolBeagle Learning—teacher tool for ...

Expanding Video Market for Education

Video platform providers have been busy in the first quarter of 2020 partnering for expanded services offerings. Among them are:Enterprise video solutions provider YuJa (San Jose, CA) ...

Partnerships & Acquisitions, Feb. 28, 2020

Higher education transcript service provider Credentials Solutions (Deerfield, IL) and academic and professional credentials-platform provider Parchment (Scottsdale, AZ) in February ...

People Briefs, Feb. 28, 2020

Weld North Education (Scottsdale, AZ), a provider of digital intervention, supplemental and assessment solutions, in February made several senior leadership appointments following its ...

Financial Briefs, Feb. 28, 2020

Online learning and teaching marketplace Udemy (San Francisco) in February said its long-time partner in Japan, Benesse Holdings, agreed to invest $50 million in Udemy with a valuation ...

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