(Reuters, February 12, 2010) The cash offer of $10.80 per share, made by funds owned by Berkshire Partners, Advent International and Bain Capital, was 11 percent more than SkillSoft's closing price on Thursday.
Acquisitions & Partnerships
Interactive Textbooks Headed to iPad, Report Says
(PC World, February 3, 2010)
Inkling lets textbook makers embrace the iPad
(Venture Beat, January 28, 2010) “The book will never die. But the textbook probably will,” says Inkling CEO Matt MacInnis. Inkling is working directly with textbook publishers. First, they’ll port their existing tomes onto Apple’s iPad as interactive, socialized objects.
JitterBook Selects Parago to Provide Visa(R) Prepaid Cards to Students Trading in Textbooks
(PR Newswire, January 25, 2010) JitterBook (www.JitterBook.com), which reinvented the way that students buy and sell textbooks, has introduced one more convenience to its program.
Apple in Talks with McGraw-Hill, Hachette over Tablet
Orbis Education Lands $8 Million in Venture Capital
(Indianapolis Business Journal, January 19. 2010) A Silicon Valley venture capital firm has invested $8 million in Orbis Education, a locally based maker of nursing-education software.
Menlo Park, Calif.-based Lightspeed Venture Partners engineered the capital infusion in late December to help Orbis expand its nursing-education programs. Orbis announced the deal today.
Will Online Education Become a Revenue Stream for News Organisations?
(The Guardian, January 18, 2009) As news organisations struggle to find new revenue models, education offerings seem to be a very good way to extend the brand and earn extra revenue.
Indiana U Leads Effort to Develop Next-Generation Library Management App
(Campus Technology, January 14, 2009) Indiana University in Bloomington will be developing new library software to manage digital collections thanks to a $2.38 million grant from the Andrew W. Mellon Foundation.
enTourage eDGe Dualbook Joins the Blackboard Alliance Program to Revolutionize Learning
(Virtual Press Office, January 8, 2009) MCLEAN, Va.
McGraw-Hill Education and enTourage Systems(TM) Join Forces to Bring Higher Ed Content to First-Ever Dualbook(TM)
(PR Newswire, January 5, 2009) NEW YORK, Jan. 5 /PRNewswire/ -- McGraw-Hill Education today announced a strategic alliance with enTourage Systems, Inc., to deliver McGraw-Hill's higher educational content to the enTourage eDGe(TM), a revolutionary interactive dualbook(TM) that combines the features of an e-book reader, notepad and tablet netbook in one device.