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The board of directors of each company has approved the transaction, which is subject to standard conditions to closing and is expected to close this month. Terms of the acquisition were not disclosed. The transaction is not expected to have a material impact on SunGard’s financial results. Read the Full Story
DENVER, Feb. 18 /PRNewswire-FirstCall/ — eCollege(SM) (Nasdaq: ECLG – News), a leading provider of value-added information services to the post-secondary education market, today announced it achieved record revenue of $15.2 million for the fourth quarter of 2003, up from $6.3 million for the fourth quarter of 2002. Read the Full Story
Sasani CEO James Whitehouse said the work in Ethiopia was part of a project to supply about 3000 educational programmes for distance learning . Read the Full Story
Intrepid manages training for its enterprise clients, including global leaders such as The Boeing Company, delivering lower-cost, higher impact learning for employees and customers. Intrepid’s focused management, best practices, e-learning innovations and economies of scale significantly improve the quality and effectiveness of training while reducing costs.The financing will allow Intrepid to dramatically accelerate its sales […]
SCP Private Equity Partners of the US, which has former prime minister Ehud Barak as a partner, has acquired the controlling interest in Anglo-Israeli distance learning company Q Group plc for $30 million. Read the Full Story
SCT supports more than 1,300 institutions of higher education and 8 million learners worldwide. SCT’s revenue for its fiscal year ended September 30, 2003 was approximately $270 million. The acquisition is not expected to have a material impact on SunGard’s financial results. Read the Full Story
“2003 was a monumental year for eCollege, and we are extremely proud to be recognized by Forbes,” said Oakleigh Thorne, chairman and CEO of eCollege. “Online programs are becoming central to the way institutions serve the large and growing non-traditional student population. eCollege plays an integral role in powering some of the largest and most […]
GeoLearning, Inc., the leading provider of hosted learning management systems and e-learning content, announced today that annual revenues for the fiscal year ended December 31, 2003 increased 108% over the same period ended December 31, 2002. The company also achieved a net profit margin in excess of 9% on 2003 revenues.“Our ability to consistently achieve […]
The company formed a wholly-owned subsidiary, ei-Learning Technology Pte Ltd, to go into a joint venture with Beijing Founder Education and Entertainment Company (BFEE) effective today.Read the Full Story
For the fourth quarter of 2003, Click2learn recorded new order bookings of approximately $10 million and estimates that revenue will be $5.5 million to $5.8 million, as compared to bookings of approximately $10 million and revenue of $8.6 million in the fourth quarter of 2002. Total revenue for 2003 is estimated to be between $29.1 […]
