Pearson Invests Online, Acquires eCollege

May 2007
Educational Marketer;5/28/2007, Vol. 38 Issue 11, p1
Trade Publication
The article reports that educational publishing company Pearson Education Inc. has agreed to acquire the electronic learning division of eCollege.com Inc. for $477 million in the third quarter of 2007. Pearson hopes the acquisition will enable both companies to offer a broad range of services to be able to compete in the international market. Furthermore, eCollege will be operated as a separate business unit in Denver, Colorado.


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