Acquisition

RNS Number : 4108Q

Pearson PLC

09 April 2009

 



9 April 2009

PEARSON ACQUIRES NATIONAL TRANSCRIPT CENTER AND INTELLIPRO

Pearson, the international education and information company, today announces the acquisition of two education businesses in North America - the National Transcript Center (NTC) and Intellipro. The two businesses have combined gross assets of approximately $1 million.

National Transcript Center, based in Austin, Texas, is a leading provider of software that enables students' academic records (or 'transcripts') to be electronically captured and securely exchanged between educational institutions. Its services provide significant efficiencies over traditional paper-based distribution methods and support a strong connection between school and higher education. It will become part of Pearson's US Assessment and Information Group, which already works with many states to record, analyse and apply student data to enhance learning. 

Intellipro is a New Jersey-based software engineering company which is focussed on learning technologies. It has worked with Pearson for almost 20 years, playing a key role in the development of Pearson's market-leading online homework and assessment services including MyMathLab, MyEconLab, MyFinanceLab and MyAccountingLab. The Intellipro team will become part of Pearson's Learning Technologies Group, working to create and deliver new learning software across US K-12, post-secondary, professional and international markets. 

ENDS

For more information: 

Luke Swanson/Simon Mays-Smith/Charles Goldsmith    [phone]

 

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