By Lindsay McKenzie, Inside Higher Ed
Educause has submitted a $55,000 offer to acquire the assets of the now defunct New Media Consortium, court documents reveal. The $55,000 offer, if accepted, would see Educause acquire the NMC’s trademarks, website, membership and subscriber lists, as well as its flagship Horizon Project, which produced reports on the future of education technology. The NMC, which abruptly ceased operations at the end of last year, owes more than half a million dollars to its creditors. The nonprofit filed for Chapter 7 bankruptcy in December.
February 6, 2018
Educause Steps In to Save New Media Consortium
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