M&A Deal Summary

Cengage Acquires Thomson Course Technology

On November 24, 1992, Cengage acquired publishing company Thomson Course Technology

Acquisition Highlights
  • This is Cengage’s 1st transaction in the Publishing sector.
  • This is Cengage’s 1st transaction in the United States.
  • This is Cengage’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 1992-11-24
Target Thomson Course Technology
Sector Publishing
Buyer(s) Cengage
Deal Type Add-on Acquisition

Target

Thomson Course Technology

Cambridge, Massachusetts, United States
Thomson Course Technology publishes texts and electronic learning solutions to help educators teach, students learn, and individuals understand emergent and current technologies.

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Buyer(S) 1

Buyer

Cengage

Boston, Massachusetts, United States

Category Company
Founded 1994
Sector Education
Revenue 2.0B USD (2012)
DESCRIPTION

Cengage is an education and technology company that offers valuable options at affordable price points, including industry-leading initiative Cengage Unlimited, the first-of-its-kind all-access digital subscription service for higher education. The company embraces innovation to create learning experiences that build confidence and momentum toward the future students want. It also serves K-12, library, and workforce training markets around the world. Cengage was formed in 2014 and is Headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 12
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 10
State (Massachusetts) 1 of 1
Country (United States) 1 of 11
Year (1992) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-20 Aplia

San Carlos, California, United States

Aplia, Inc. is an educational company dedicated to improving learning outcomes by increasing student effort and engagement. Founded in 2000 by renowned economist Paul Romer, Aplia, Inc. is built upon the premise that “Student effort is a key determinant in student success.” Aplia is a collection of Web-based tools that enables professors to incorporate two key teaching elements: assigning frequent online homework that is automatically tracked and graded; and easily incorporating active-learning such as experiments and current events into the classroom.

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