Thomson buys online educator
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Thomson Corp. has signed a definitive agreement to buy closely held online learning provider KnowledgeNet Inc., the electronic publisher said yesterday.
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Electronic  publisher Thomson Corp said on Thursday it has purchased  LiveNote Technologies, which produces evidence and transcript  management software for lawyers and court reporters.
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Classmates Online founder Randy Conrads was feeling good yesterday after the company he started nine years ago in the basement of his Kent home was sold for $100 million in cash to United Online Inc.
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K12, a provider of online courses for virtual schools, made its debut as a public company yesterday, raising $108 million as its shares climbed 36 percent.
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InfoWorld - Nuance Communications has agreed to buy the developer of the T9 predictive text input software for mobile phones from current owner AOL.
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Blog: The textbook publisher says it signed a pact with Microsoft to develop a new digital education system for school districts.
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(InfoWorld) - Cisco Systems is continuing to buy its way into social networking, acquiring some assets of the company that operates Tribe.net while letting the site remain independent. Cisco announced Monday it has bought selected assets of Utah Street Networks, a seven-person San Francisco company founded in 2003. It did not acquire Tribe.net, a social-networking site that has been overshadowed by the success of big names such as Friendster, Facebook, and News Corp.'s MySpace. Cisco did not reveal the terms of the deal, which has already been completed, in a statement Monday. With the purchase, Cisco gets a proprietary software infrastructure that Utah Street has used to create and maintain online communities on Tribe.net. The dominant networking vendor will integrate that software into its Cisco Media Solutions Group (CMSG), and certain Utah Street employees will join that team to continue software development, according to Cisco. Cisco started moving into content infrastructure last year with the formation of the CMSG, which made its first acquisition last month when itÂ bought social-networking software company Five Across. On Monday, Cisco announced that acquisition had been completed. The San Jose, California, company sees social networking as a key part of the way media companies and other enterprises will approach their customers. On Tribe.net, users can set up personal profiles, join interest groups, post blog entries and pictures, and review local businesses, among other things. Versions of the site exist for dozens of U.S. cities. Utah Street brings unspecified capabilities to Cisco that Five Across -- and even well-known social networking sites -- don't have, said Eric Chan, strategy and marketing director for CMSG. "This is also a company that has been going through the wars of running a social networking site over the past few years," Chan said. Among other things, that real-world experience taught the company lessons about how people use such a site, he said. Cisco is finished buying social-networking companies, at least for now, Chan said. CMSG's mission extends beyond that technology to a range of other tools for enterprises to make closer connections with their customers, he said. Most enterprises haven't yet started using social-networking technologies, but they could prove great tools for communication even within companies, said Yankee Group analyst Zeus Kerravala. Enterprise IT departments, which typically dictate what tools employees should use to communicate, should instead provide a variety of methods users understand and let them choose, Kerravala said. Cisco can pave the way for that change by combining several such tools in one package for enterprises to deploy. "I think it's very forward-looking by Cisco," Kerravala said. Demand for such consumer-style software will grow as today's young people enter the work force, he said. In fact, Kerravala thinks Cisco should go one step further into the future by buying Second Life creator Linden Research.
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The Thomson Corp. of Stamford, Conn., will acquire KnowledgeNet Inc., a privately held live e-learning company, and merge it with its enterprise learning business, Thomson NETg.
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Thomson Corp. (TOC.TO: Quote, Profile, Research) said on Friday it will sell its media division to investment group Investcorp in a $350 million cash deal that will tighten its focus on electronic publishing.
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Houghton Mifflin Riverdeep Groupâs agreement to acquire the United States educational business of the Harcourt division of Reed Elsevier is the latest in a series of deals that have transformed educational publishing.
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Boston-based publisher Houghton Mifflin Co. said yesterday that it will buy Harcourt Education and two other parts of London-based Reed Elsevier PLC for $4 billion to strengthen and diversify its educational publishing business.
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Popular photo-rating site HotOrNot.com is bought by a group of investors associated with Avid Life Media, founder James Hong confirms.
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By The News & Observer, Raleigh, N.C.  Dec. 17--Accipiter being acquired   Another week, another local technology company gets gobbled up.   Accipiter Solutions, a Raleigh-based online advertising company, agreed to be acquired by a Seattle firm for $30.3 million.
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RENTON, Wash. United Online of Woodland Hills, California, is buying Renton-based Classmates-dot-com for 100 (m) million dollars in cash.
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TORONTO (CP) - The Ontario Teachers&#39; Pension Plan has struck a $450 million US deal to buy American laundry equipment maker Alliance Laundry Holdings - the Canadian fund&#39;s first acquisition in the United States without a partner.
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Thomson Corp  won  conditional approval from the European Commission and the U.S.  Department of Justice to buy Reuters , a deal that will  create the world's leading provider of news and data for  professional markets.
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Electronic publisher Thomson Corp.   said on Monday it will buy test provider Capstar from  Educational Testing Service, the latest in a string of  acquisitions designed to flesh out its product offerings.