Archive for the ‘New Economy’ Category

eCollege Seeks to Sell Datamark

Citing slower than projected growth, eCollege, a company that provides online educational learning services, announced a plan to potentially sell its enrollment marketing division, Datamark, Inc. Wednesday – a move, one analyst said, caused by a cool(er) front descending upon the once white-hot for-profit education market.Read the Full Story

NIIT Acquires Element K: Is This the Start of a New Trend to Gain Onshore Presence?

Some might say with all the acquisition activity that’s gone on recently in the business world, it is the time of the merger. Read the Full Story

eCollege(R) Announces Record Second Quarter Revenue of $28.3 Million, Up 23 Percent from 2005

Company Reports Second Quarter EPS of $0.07 and Adjusted EPS of $0.15Read the Full Story

Chalk announces strategic alliance and US$2,000,000 private placement

VANCOUVER, Jan. 11 /CNW/ – Chalk Media Corp. (“Chalk”) today announces a strategic alliance with Intelligent Decisions, Inc. (“Intelligent Decisions”), a leading provider of information technology solutions to the US federal government, whereby Chalk will be their exclusive supplier of eLearning content management system software and related services.Read the Full Story

eLearning gets $20M boost from BellSouth

The BellSouth Foundation, the charitable arm of the Atlanta-based communications company, has announced plans for a $20 million effort to improve access to online learning.Read the Full Story

Read The Complete Online Education Survey: Do Employers Take Online Educations Seriously?

(CBS4) CAMBRIDGE It’s one of the fastest growing trends in higher education: getting a degree on line. But can you land a good job with a diploma from a virtual school?Read the Full Story

Genesis Announces World Bank Group Invests $4.6 Million in New Chinese Distance Learning Project

BOCA RATON, FL–(MARKET WIRE)–Nov 21, 2005 — Genesis Technology Group, Inc. (OTC BB:GTEC.OB – News) announced that the World Bank Group has invested $4.6 million in the China Vocational Education Satellite Network, the contract partner to its new subsidiary, Genesis Distance Learning Division (GDLD). Genesis management has estimated that its contract could have a value […]

Saba to Combine With Online Learning and Training Solution Provider Centra Software

REDWOOD SHORES, Calif. and LEXINGTON, Mass., October 6, 2005—Saba (NASDAQ: SABA), a leading provider of human capital management (HCM) solutions, and Centra Software, Inc. (NASDAQ: CTRA), a leading provider of software and services for online learning and training, today announced that they signed a definitive agreement pursuant to which Saba agreed to acquire Centra for […]

Blackboard, WebCT combining forces

The top two providers of learning management system (LMS) software and services for higher education, Blackboard Inc. and WebCT Inc., have announced an agreement to merge. The merger would leave the combined entity with more than 80 percent of the LMS market share in higher education, which includes the software platforms that drive online learning. […]

Blackboard, WebCT to Merge

The announcement, which came late in the day on Wednesday, surprised many higher education technology experts, although most of those reached said the merger made sense in a market in which the two leading players each have relationships with between 40 and 50 percent of colleges, according an estimate by Eduventures, an education analyst. The […]