Ingram Content Group has an agreement to sell their etextbook platform VitalSource Technologies to Francisco Partners, an investment firm focused on technology businesses. The acquirer says in the announcement it is, “Committed to furthering the VitalSource mission of improving learner outcomes and accelerating our commitment to developing innovative, forward-thinking solutions and platforms that open doors to affordable and impactful learning experiences to students and professionals around the world.” The deal is expected to close this summer. Ingram bought the business in 2006 and has grown it to service 16 million learners worldwide. VitalSource president Kent Freeman says in the announcement, […]
