Archive for the ‘New Economy’ Category

Capella Education Company Announces New Investors

Capella Education Company, parent corporation of Capella University, an online accredited university headquartered in Minneapolis, announced today the addition of two new investors through a series of transactions totaling more than $60 million.Read the Full Story

MindEdge, Inc. Announces Major Financing Led By Orchid Partners, LP

WOBURN, MA, December 14, 2004 – MindEdge, Inc., the leading provider of online courses to the higher education market, today announced the closing of a significant investment round in the company led by Orchid Partners, LP of Boston, MA. Orchid General Partner, Todd Krasnow, previously with Staples and the CEO and founder of Zoots will […]

Schools mull $10B PeopleSoft takeover

Though there is some concern as to how long Oracle will continue to support PeopleSoft’s software, some educators see the merger as an opportunity for the companies to combine their resources in hopes of providing a better business enterprise solution for schools. Read the Full Story

Research and Markets: Asia/Pacific – Excluding Japan – eLearning 2004-2008 Forecast

With the market in its early infancy and being highly fragmented, many companies are continuing to refine and redefine their value propositions to best address the market and gain increasing customer spending. Read the Full Story

Oracle Finally Snags PeopleSoft

The agreement caps a rancorous Silicon Valley feud marked by churlish exchanges between the companies’ management teams and colorful courtroom battles. Read the Full Story

Embanet’s New World Headquarters Provides Additional Advantage

Toronto, December 8, 2004 – Embanet has successfully completed the move into its new 53,000 square foot World Headquarters on time and on schedule. The world-class facility enables Embanet, a market leader for providing institutions with scalable and profitable online programs, to expand its already powerful hosting and 24/7 technical support for learners and students […]

Analysts and Investors Weigh Opportunities at SIIA Ed Tech Business Forum

More than 150 education technology leaders attended the Software & Information Industry Association’s (SIIA) 4th annual Ed Tech Business Forum.Read the Full Story

New Player in Online School Market Pursues Profits

The Colorado school is one of eight such online schools nationwide operated by Connections Academy Inc., a for-profit online education provider and former subsidiary of the Baltimore-based tutoring-services company Educate Inc. Read the Full Story

IBM sells PC group to Lenovo

The two companies plan to form a complex joint venture that would make Lenovo the third-largest PC maker in the world, behind Dell and Hewlett-Packard, but still give IBM a hand in the PC business. Read the Full Story

I.B.M. Said to Put Its PC Business on the Market

While I.B.M. long ago ceded the lead in the personal computer market to Dell and Hewlett-Packard so it could focus instead on the more lucrative corporate server and computer services business, a sale would nonetheless bring the end of an era in an industry that it helped invent.Read the Full Story