Cengage Learning: Difference between revisions
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== Company Website == | == Company Website == | ||
http://www.cengage.com/ | * Cengage Learning: http://www.cengage.com/ | ||
* Subsidiary of [http://www.omerspe.com/ OMERS Private Equity] | |||
== Location == | == Location == | ||
Revision as of 11:37, 11 May 2009
Company Website
- Cengage Learning: http://www.cengage.com/
- Subsidiary of OMERS Private Equity
Location
Stamford, CT, USA
Financial Information
- Annual Operative Revenues (as of 31/12/2008): $12,011,000 (Source: ORBIS)
- U.S. Higher Education Revenue 2008 (projected): $1,093,973,000 (Mickey and Meaney 2008, 155)
Merges and Acquisitions
"Cengage Learning was the result of a $7.75 billion transaction, in which private equity firm Apax Partners and OMERS Capital Partners (which manages private equity investments for the Ontario Municipal Employees Retirement System) acquired the domestic U.S. Higher Education, Gale library/reference and International businesses of Thomson Learning." (Mickey and Meaney 2008, 156)
Product Divisions
"Thomson Learning Inc. [now Cengage Learning], headquartered in Stamford, Connecticut, is one of the world's largest providers of print and digital information services for the educational and library reference markets. The company was established in 1994 as International Thomson Publishing Inc. It is comprised of some of the best businesses in the publishing, learning, and information industries. Thomson Learning's businesses and brands serve the needs of individuals, learning institutions, corporations and government agencies with products and services for both traditional and distributed learning." (Source: Orbis)
Business Strategy
Bibliography for Item 6 in EM
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