Archive for the ‘New Economy’ Category

GeoLearning Named to Eduventures 100 List

Landmark analysis recognizes LMS vendor as a leader in the learning marketplace. WEST DES MOINES, IA, February 4, 2003 — GeoLearning, Inc., a leading developer of e-learning systems and Web-based training solutions, announced today that the company has been named to The Eduventures 100 list by Eduventures, Inc., the leading independent research firm exclusively focused […]

Blackboard Acquires SA Cash

Student Advantage Inc., an 11-year-old Boston college discount firm, sold its SA Cash unit as part of a spinoff strategy. The firm received a delisting notice from the Nasdaq Stock Market in December and is seeking to sell the rest of the company. It went public in 1999 but has had only one quarter of […]

SkillSoft Continues to Cooperate With Formal SEC Investigation

On November 19, 2002, SkillSoft announced that it would restate the financial statements of SmartForce PLC for the period 1999 through June 2002. SkillSoft understands that the SEC’s investigation concerns SmartForce’s financial disclosure and accounting during that period, other related matters, compliance with rules governing reports required to be filed with the Commission, and the […]

Venture Capital: Online education attracting support

Working through his Seattle venture capital firm, Schultz yesterday invested $7.5 million in Capella Education Co. — an online university with more than 7,000 students in 40 countries. Read the Full Article

Centra Reports 2002 Fourth-Quarter and Year-End Results

LEXINGTON, Mass. (January 30, 2003) – Centra Software, Inc. (NASDAQ: CTRA), a leading provider of application software and services for real-time enterprise collaboration (RTEC), today announced results for the fourth quarter and for the year ended December 31, 2002. Highlights for the quarter included: * Revenues increased 14 percent over third quarter revenues of $9.3 […]

College Loans Rise, Swamping Dreams

A smile overtakes her as she envisions life as a lawyer — fighting injustice, changing the world — until the prickly reminder of having $25,000 in undergraduate loans wipes it away. Read the Full Article

Capella University get $7.5 million investment

Schultz’s Seattle-based venture capital firm, Mav eron, said Thursday it has invested $7.5 million in Capella, a Minneapolis-based online university. Maveron will have a minority stake in Capella, and Maveron’s Jody Miller will be a “board observer,” a nonvoting member participating in board meetings and contributing to the direction of the company. Read the Full […]

Fathom.com Shuts Down As Columbia Withdraws

After investing four years and $30 million in Fathom.com, the university-sponsored for-profit online education project, Columbia has decided to call it quits. Read the Full Article

SkillSoft quarterly loss widens

The announcement came a month after the company was notified that it did not comply with Nasdaq listing rules. Read the Full Article

Campus bookstores have best buys, study says

semester comes the inevitable rush of students heading to the University Co-op with the same thought in mind: buying their textbooks before they are sold out. Read the Full Article