Educational Technology

September 25, 2011

Pearson Goes Bold, Acquires Connections Education

Filed under: Educational Technology — admin @ 12:35 am

By MICHAEL HORN, Forbes

Pearson announced that it is acquiring Connections Education in a move that should reverberate across the field of online learning and the education world more broadly. The shift to digital learning is happening much faster than most realize—and that this transaction should raise that profile. There is also no question that Pearson appreciates this shift to digital learning—and I would argue appreciates it more than any incumbent education business does. Tom’s insight that Pearson was willing to cross a line into supporting and operating schools that they had historically avoided because they recognize the rapid and accelerating growth of online learning (signaled in Connections’ consistent 30 percent year over year revenue growth) I think is right. The implications of this step are also interesting, given the strand that Rick Hess and I and others have been exploring through AEI’s series on the role of for-profits in education.

http://blogs.forbes.com/michaelhorn/?p=117

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