Pearson announced Tuesday an agreement to acquire online learning services provider EmbanetCompass for $650 million from an investor group led by Technology Crossover Ventures and Knowledge Universe. Those services include providing colleges and universities with “program design and development, marketing and student recruitment, faculty training and support, data-driven student retention and learning analytics; student services (counseling, tutoring, mentoring), technology support and launch funding.” The investment is similar to Wiley’s purchase earlier in the month of Deltak.edu for $220 million. EmbanetCompass’s sales are expected to hit $130 million in 2012. Further to reports earlier this month that Springer‘s latest owners would […]
