Acquisition

RNS Number : 2234W

Pearson PLC

16 November 2010

 



16 November 2010

PEARSON ACQUIRES THE ADMINISTRATIVE ASSISTANTS LTD.; EXTENDS LEADERSHIP IN STUDENT INFORMATION SYSTEMS

Pearson, the world's leading learning company, today announced the acquisition of The Administrative Assistants Ltd. (aal), a provider of student information systems in the worldwide K-12 school market.

Student information systems provide administrators, parents, teachers and students with information on grades, homework, attendance, reporting and other elements vital to school performance and personalised learning.

Pearson is the leader in the SIS market, providing support to about 11 million students through the PowerSchool® and Chancery SMS® systems, and the acquisition of aal expands Pearson's SIS reach to more than 15 million students globally.

Based in Burlington, Ontario, aal provides the Web-based system known as eSIS® which has been implemented in locations ranging from North Carolina in the U.S. to Abu Dhabi in the Gulf, and aal's products will provide increased international market opportunities for Pearson in the K-12 market. Gross assets of aal are C$13m and 2010 revenues for the year ending September 30 were C$14m.

For more information on Pearson's SIS operations visit: http://www.pearsonschoolsystems.com

ENDS

For more information:

Luke Swanson/ Simon Mays-Smith/ Charles Goldsmith                   + 44 (0) 20 7010 2310

 

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