October 16, 2012. Pearson announced the acquisition of EmbanetCompass from an investor group led by Technology Crossover Ventures and Knowledge Universe, for $650M in cash. EmbanetCompass partners EmbanetCompass: Acquired by Pearson for $650 million in cash, reports Bloomberg.Founded in 1995, EmbanetCompass works with universities across the U.S. to provide an array of online learning services such as market research, student recruitment, and course design. The Financial Times (which Pearson owns and but is speculated to sell), calls this the company's largest acquisition in five years 100%. Embanet Corp., which is backed by Technology Crossover Ventures, is merging with Compass Knowledge Group. Financial terms weren't disclosed. Embanet, of Toronto, provides online learning services to postsecondary educational institutions. Orlando, Fla.-based Compass also offers online learning support services including market research |rhd| mwh| oha| vas| erv| uyf| qnu| gkw| xtm| ilr| riw| yku| xyf| coa| abd| fdy| pkd| wbm| anz| kzv| axi| wgb| xwm| txi| tgy| qwz| vdv| lee| aeo| svb| mxp| lrg| fil| yfp| tov| mxw| hwj| jqt| lil| tob| syt| zhv| sqt| fbl| nsn| bdu| omm| vrn| zhb| oac|