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  • Nook Media Takes $89.5M From Pearson, Says Holiday Sales Fell Below Expectations

    Nook Media Takes $89.5M From Pearson, Says Holiday Sales Fell Below Expectations

    Nook Media, the Barnes & Noble subsidiary that handles Nook e-readers and digital content, announced today that education publisher Pearson has invested $89.5 million, giving it a 5 percent stake in the company. Nook Media spun out from Barnes & Noble earlier this. B&N owns 78.2 percent , while Microsoft (which made a big investment aimed at  bringing Nook content to Windows… Read More

  • Pearson Buys Certiport For $140M To Beef Up Its IT Testing Business Globally

    Pearson Buys Certiport For $140M To Beef Up Its IT Testing Business Globally

    Pearson, the educational publisher, today made a move to beef up its international professional IT testing business: it announced that it is buying Certiport, a developer, marketer and distributor of certification exams and practice tests for IT and digital literacy skills, for $140 million in cash from the private equity firm Spire Capital Partners. The deal will give Pearson’s VUE… Read More

  • Old Publishers Dive Into The New: Pearson Inks API Billing Deal With Zuora; Adds Food To The Mix

    Old Publishers Dive Into The New: Pearson Inks API Billing Deal With Zuora; Adds Food To The Mix

    Pearson, the owners of Penguin, the Financial Times Group and a number of education imprints, has made some significant strides into digital with e-books and apps, but it is always on the hunt for more. So today the publisher is announcing that it is expanding one of its newer ventures, Plug & Play, which offers its copyrighted material via APIs to third-party developers: it has signed a… Read More

  • Pearson-Incubated Startup Alleyoop Launches To Gamify Adaptive Learning

    Pearson-Incubated Startup Alleyoop Launches To Gamify Adaptive Learning

    According to the National Center on Education and the Economy, only 1 in 6 high school freshmen will go on to graduate from college on time, and about 25 percent of Americans drop out before they finish high school. A Pearson-backed startup launching today, called Alleyoop is betting that by combining adaptive learning with some elements of gamification, it can help prepare high schoolers… Read More

  • Pearson confirms plans to engage with, and maybe acquire, startups

    Genevieve Shore, Pearson’s director of digital strategy, gave a briefing to the media this morning in London and the news is looking good for startups potentially looking for an exit route to a media company. Asked if Pearson plans to grow its innovation through acquisition she replied that “there is definitely an M&A strategy. We’ll be focusing on digital service… Read More

  • Nokia, Pearson form wireless education joint venture in China

    Nokia and education company Pearson have formed a joint venture in China dubbed Beijing Mobiledu Technologies to grow MobilEdu, the wireless education service that the Finnish mobile giant launched in China back in 2007. Mobiledu is a mobile service that essentially provides English-language learning materials and other educational content, from a variety of content providers, directly to… Read More

  • Nokia, Pearson Set Up Digital Education Joint Venture In China

    Nokia and education company Pearson have formed a joint venture in China dubbed Beijing Mobiledu Technologies to grow MobilEdu, the wireless education service that the Finnish mobile giant launched in China back in 2007. Mobiledu is a mobile service that essentially provides English-language learning materials and other educational content, from a variety of content providers, directly to… Read More