Archive for the ‘New Economy’ Category

PLATO Learning Announces Agreement to Acquire LearningElements

The acquisition will bolster PLATO Learning’s growing curriculum solution for elementary schools by providing a research-based early reading solution that meets the new federal “Reading First” guidelines of the “No Child Left Behind” legislation. Read The Full Article

Blackboard, Chalking Up Success

CEO Michael Chasen and Chairman Matthew Pittinsky say the 5-year-old company is a veteran of the technology recession because they obeyed traditional business school lessons: Follow the profits, not the powder. Read The Full Article

PeopleSoft has bought learning-management software maker Teamscape.

The value of the deal wasn’t released at deadline, but it’s already completed. PeopleSoft is retaining Teamscape’s 15 employees. Read The Full Article

I.B.M. to Purchase Consulting Group for $3.5 Billion

I.B.M.’s recovery from its deep troubles of the early 1990’s has been based on taking advantage of its broad range of products and services to put technology together to solve the business problems of corporate customers. The services group has been the mechanism, and the marketer, for executing that strategy. Read The Full Article

Sylvan Learning Systems, Inc. Reports Strong Increases in Revenues and Divisional Profits

BALTIMORE, Jul 25, 2002 (BUSINESS WIRE) — Sylvan Learning Systems, Inc. (NASDAQ: SLVN) today announced strong financial results for the quarter ended June 30, 2002. Read The Full Article

VCAMPUS CORP – Online Tuition Revenues Up 9% Since Q1 2002

“We are pleased to announce online tuition revenue growth for the quarter of 9% over Q1-2002,” said Daniel Neal, President and CEO, VCampus. “We expect continued growth in core online tuition revenue in the third quarter based on our current assessment. Our gains in this area represent the Company’s continued momentum in the government and […]

eCollegeSM Announces Record Revenues of $5.8 Million

eCollegeSM [Nasdaq: ECLG], ], the leading provider of technology and services for online higher education programs, today announced it achieved record revenues for the second quarter ending June 30, 2002. Revenue for the second quarter increased 24 percent to $5.8 million, from $4.6 million for the second quarter of 2001. The net loss for the […]

Mentergy to Transfer to Nasdaq Small Cap Market; UK IT Training Subsidiary Shuts Down its Operations

RAMAT GAN, Israel, Jul 23, 2002 (BUSINESS WIRE) –Mentergy(TM), Ltd. (Nasdaq:MNTE), a leading global provider of blended e-Learning solutions, announced that it has received the approval of Nasdaq for a transfer to Nasdaq’s Small Cap Market. The transfer will be effective July 24, 2002. The ticker symbol will remain MNTE. Mentergy also reported that as […]

Thomson, IBM to Launch Online Learning Venture

Under the agreement, the companies will combine IBM’s “e-learning” technologies and services with Toronto-based Thomson’s portfolio of professional and technical courses. Read The Full Article

Training Transforms a Region’s Economy

For generations, residents made their livings in lumber mills, mines, and fishing boats, collecting and processing the natural wealth. Read The Full Article