Carnegie Learning
Carnegie Learning, Inc. is a provider of K-12 education services for math, literacy and ELA, world languages, and applied sciences.
 | |
| Industry | Software and Publishing |
|---|---|
| Founded | 1998 |
| Headquarters | Union Trust Building Pittsburgh, Pennsylvania, United States |
Key people | Barry Malkin, CEO William S. Hadley, Co-Founder Dr. Steven Ritter, Co-Founder John R. Anderson, Co-Founder Kenneth Koedinger, Co-Founder |
| Products | MATHia, Software, Textbooks |
| Owner | CIP Capital |
Carnegie Learning, Inc. is located in the Union Trust Building in Pittsburgh, PA.
Products
Carnegie Learning's MATHia software was created by researchers from Carnegie Mellon University.
In 2020, Carnegie Learning added Fast ForWord, a reading and language software, to its portfolio.[1]
Other products include:
- World languages textbooks and resources for Spanish, French, German, Chinese, and Italian
- Textbooks and software for computer science, economics, biotechnology, anatomy, and physiology
Acquisitions
On August 2, 2011, The Apollo Group announced its intent to acquire Carnegie Learning for $75 million.[2] The Apollo Group also acquired related technology from Carnegie Mellon University for $21.5 million paid over a period of ten years. The transaction was completed in September 2011.[3]
On November 06, 2015, the Apollo Education Group, Inc., signed an agreement for a group of Chicago-based investors with deep K-12 education experience to acquire Carnegie Learning, Inc.
In 2018, Carnegie Learning was acquired by private equity firm CIP Capital. New Mountain Learning, a publishing company owned by CIP, was merged into Carnegie Learning. New Mountain imprints include EMC, Paradigm, and JIST.[4] In 2020, Kendall Hunt Publishing Company acquired Paradigm and JIST.[5]
References
- "Carnegie Learning Acquires Scientific Learning Corporation to Strengthen its Digital Literacy Offerings". www.businesswire.com. 2020-09-14. Retrieved 2021-03-30.
- "Apollo Group to Acquire Carnegie Learning" (Press release). Apollo Group. 2011-08-02.
- "CMU software spinout acquired". Pittsburgh Tribune Review. 3 August 2011.
- "Carnegie Learning Gets a Makeover After Private Equity Investment - EdSurge News". EdSurge. 2018-09-06. Retrieved 2019-03-25.
- https://he.kendallhunt.com/blog/kendall-hunt-publishing-company-acquires-paradigm-education-solutions?utm_source=pocket_reader