Macromedia nabs training toolmaker
Software maker Macromedia announced Thursday its acquisition of Presedia, a privately held company that specializes in presentation and online learning software. Read the Full Article
Archive for the ‘New Economy’ Category
Apple Posts Loss on Weaker-Than-Expected Revenue
Apple executives said business conditions would probably remain difficult in the current quarter, expecting a “slight profit” with revenues about the same level as in the December quarter. Read the Full Article
An Inexpensive Supplier of Digital Security for Colleges Is Going Out of Business
A sharp decline in membership has made it impossible for the group to continue operating, according to its Board of Trustees. Read the Full Article
E-learning company Interwise lands $12M in series D
The Cambridge-based business secured the funding from New York-based firms Lazard Technology Partners and Leeds Weld and Co., and STI Ventures of Amsterdam. Read the Full Article
‘Supplemental service’ firms flourish with NCLB
Districts nationwide have turned to the private sector for help complying with the law, and in doing so have created a “supplementary educational services” industry that barely existed five years ago, executives said. Read the Full Article
Click2learn Regains Nasdaq National Market Compliance
On September 3, NASDAQ notified the company that its common stock had failed to maintain a minimum bid price of at least $1 per share over the previous 30 consecutive trading days as required by the NASDAQ Marketplace Rule 4450(a)(5) and that the company had 90 days to regain compliance. Since then, the closing bid […]
A Computing Pioneer of the 1970’s Joins Hewlett-Packard
His arrival at Hewlett-Packard Laboratories, which the company is announcing today, comes at a time when the company is hoping that research can point to new markets in personal computing and give the company an edge against Dell Computer — the pacesetter in today’s personal computer business and a company known more for operational excellence […]
WorldCom’s $6 million “miracle” to save MarcoPolo
Fearing the worst, MarcoPolo organizers have scrambled since July to find an estimated $7 million needed to save the program. Read the Full Article
Sylvan Ventures Completes Acquisition of National Technological University
The Higher Learning Commission of the North Central Association (NCA), which provides regional accreditation for NTU, extended that accreditation after reviewing the terms of Sylvan’s acquisition of 100% of NTU from Stratys Learning Solutions, Inc. The NCA decision and Sylvan’s acquisition were both effective November 4. The acquisition price was $14.5 million. The Commission’s approval […]
Thomson NetG cuts 50 in Limerick
The company told ElectricNews.Net on Thursday that 50 workers had been made redundant across its global product development team due to a fall-off in customer demand for its products. Read the Full Article
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