Archive for the ‘New Economy’ Category

Oracle Takes $5 Billion Jab at PeopleSoft

PeopleSoft, based in Pleasanton, Calif., sells enterprise application software, which companies use to run their internal operations, from finance to human resources. It had revenue of $1.9 billion last year and has 8,000 employees. Read the Full Article

Apex Learning to Acquire Beyond Books

May 13, 2003 © 2003 by Apex Learning Inc. BELLEVUE, Wash. – May 13, 2003 – Apex Learning today announced that it has signed an agreement to acquire Beyond Books, a creator of online curriculum content. The acquisition of the suburban Philadelphia-based company, which is subject to the satisfactory completion of due diligence and other […]

Some Colleges Add Ads to Their Web Sites

While advertisements appear on most commercial Internet sites, colleges have kept their Web sites free of ads. A few institutions, however, are experimenting to see if they can display some commercial logos and advertisements on their Web sites without annoying students and professors.Read the Full Article

eCollege Announces Record Revenue of $6.7 Million; Net Loss of $.02 Per Share

DENVER – April 17, 2003 – eCollege(SM) [Nasdaq: ECLG], a leading provider of technology and services for online higher education programs, today announced record revenue of $6.7 million for the first quarter ending March 31, 2003, an increase of 20 percent from $5.6 million for the first quarter of 2002. Revenue from student fees increased […]

The Stage May Be Set for a Tech Recovery

Christian G. Koch, a managing director and senior technology analyst at Trustco Capital Management in Atlanta, talked last week about whether the sector had begun a sustainable recovery. Following are excerpts from the conversation: Read the Full Article

Distance education fuels western China’s development

It has sent talented volunteers to work there, invited scholars from there to visit Shanghai and study here, and also developed distance education and service systems to help in a more direct way.Read the Full Article

SkillSoft Reports Preliminary Fourth Quarter Results; Revenue Expected to Meet or Exceed Previous Guidance of $39.5 to $40.0 Million

NASHUA, N.H., March 10 /PRNewswire-FirstCall/ — SkillSoft PLC (Nasdaq: SKIL), a leading provider of e-Learning courseware and Referenceware(R) for business and IT professionals, today announced preliminary financial results for its fiscal fourth quarter ended January 31, 2003. Read the Full Article

eCollege(SM) Announces Record Quarterly Revenue of $6.3 Million

DENVER, Feb. 3 /PRNewswire-FirstCall/ — eCollege(SM) (Nasdaq: ECLG), a leading provider of technology and services for online higher education programs, today announced it achieved record revenue of $6.3 million for the fourth quarter of 2002, up from $5.6 million for the fourth quarter of 2001.Read the Full Article

Influential analyst report names Plateau a leader in Learning management system (LMS) market

ARLINGTON, VA – February 4, 2003 – Plateau Systems, a provider of enterprise software that manages all of an organization’s learning and knowledge, announced today that is has been listed as an industry leader in the latest METASpectrum Learning Management Systems (LMS) Platform report released by META Group* (NASDAQ: METG), a leading information technology research […]

Cisco Sees No Upturn Soon for Technology Spending

The chief executive, John T. Chambers, said that corporate executives seem to be holding tighter to their purse strings and that geopolitical uncertainty has had a “dampening effect” on the economy. Read the Full Article