Archive for the ‘New Economy’ Category

SCT to Acquire Campus Pipeline

Campus Pipeline, Inc. announced that SCT has entered into a definitive agreement to acquire Campus Pipeline. Under terms of the agreement, SCT will acquire Campus Pipeline for $42 million in cash, subject to adjustment based upon an expected $15 million in cash on Campus Pipeline’s balance sheet. SCT will also be responsible for the rationalization […]

Mentergy owes $14.6m including $12.5 to banks

(Nasdaq: MNTE) has disclosed that its two external directors have resigned and that the company no longer meets Nasdaq criteria. The statements were made in its application for a stay in proceedings filed yesterday with the Tel Aviv District Court. Read the Full Article

E-learning: Education is one of the applications still growing after dot.com meltdown

Another nugget from the good ol’ days of grandiose visions and wide-eyed optimism? Perhaps. But e-learning is one of the applications still gaining ground during the dot.com meltdown. Read the Full Article

Distance learning comes to Mellen Public School

Distance learning through interactive TV screens will allow students and community members to connect with other schools in the state, including Wisconsin technical schools and universities, giving participants a wide range of continuing education opportunities. Read the Full Article

Intellectual property: Patently problematic

INTELLECTUAL-PROPERTY rights (IPR), which embrace patents, copyright, trademarks and trade secrets, were once considered an esoteric, and slightly dull, bit of commercial law. Read the Full Article

eCollege(SM) Announces Better than Expected Results for the Third Quarter

For Immediate Release For Information Contact Doug Kelsall eCollege(SM) (303) 873-3897 dougk@eCollege.com eCollege(SM) Announces Better than Expected Results for the Third Quarter, and New Guidance for the Fourth Quarter Company Anticipates Positive EBITDA for the Second Half of 2002, Above Original Estimates DENVER – September 10, 2002 – eCollege(SM) [Nasdaq: ECLG], the leading provider of […]

PLATO Learning, Inc. Reports Third Quarter Fiscal Year 2002 Results

The net loss for the third quarter was $69,000, or $0.00 per diluted share, exclusive of the charge for In-Process Research and Development related to the NetSchools acquisition. Read The Full Article

WebCT continues to post record financial results

LYNNFIELD, Mass., Aug. 20, 2002 – WebCT, the world’s leading provider of integrated e-learning systems for higher education (http://www.webct.com/), today announced that revenues for the first half of 2002 have more than doubled over the same period last year. Total revenue is up 122 percent, license revenue is up 131 percent, and publisher/content revenue is […]

XanEdu Maintains Edge with MetaText Acquisition

ANN ARBOR, Mich., August 12, 2002 — XanEdu, a division of ProQuest Information & Learning, announced the acquisition of MetaText, the leading provider of digital textbooks through its pedagogical Web-based platform for college and university courses. The combination of MetaText’s collection of digital textbooks from leading textbook publishers such as Pearson, McGraw-Hill, Wiley and Houghton-Mifflin […]

Learn2 Corporation Sells e-learning Assets to Learn.com

Learn.com has developed and markets LearnCenter(TM) a robust, flexible AICC and SCORM compliant Learning Management System and expects to integrate Learn2’s patented technologies and content to provide a complete end-to-end e-learning solution. Under the agreement, Learn2 has received an upfront payment of $325,000 and could receive as much as $3.7 million under an earnout over […]