Thread regarding Pearson PLC layoffs

Pearson in Talks to Sell Parts of TutorVista

Sell sell sell

In this week’s dealmaking news, Pearson is in the process of selling parts of its TutorVista to India-basted BYJU’s—and is also assessing the future of its U.S. K-12 courseware business. Also, private equity firm Gauge Capital has made a strategic investment in online course provider eDynamic Learning.

Pearson to Sell Parts of TutorVista to BYJU’s: India-based startup BYJU’s is in advanced talks to acquire parts of online tutoring company TutorVista from London-based publishing and education company Pearson, according to a report from The Economic Times.

The article cited two individuals aware of the deal, who noted that negotiations are in the final stages and include the online business of technology-enabled education solutions provider Edurite that was acquired by TutorVista in 2007.

Pearson initially acquired a minority stake in TutorVista in June 2009, then increased its ownership to a controlling 76 percent stake for $127 million in 2011, according to Pearson’s website.

by | Post ID:
1152 views | 2 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

2 replies (most recent on top)

People in India should not buy books form or author books with Pearson Education India. Let them die a natural death in India.

by | Post ID:

This rumor has been around for a while - we'll know soon enough.

by | Post ID:

Post a reply


Related pages

nms communications corporationaccenture employee levelsmgae.comeastar health system muskogeeplexus inccarefusion salarymellon bank nyoxy stock price todaydale wildmandirectv customer service jobsverizon fios customer serviceredknee stockwhole foods market tickeritt tech virtual libraryruby tuesday concord mills nccorporate mcdonalds jobspitney bowes layoffssharp mercy hospitalge wilmingtonmethodist hospital kentuckysears kmart jobslee hecht and harrisonmckesson txhalliburton hiring processcvr energy stockjohn deere in waterloo iabank of america severanceenbridge houston officekpmg pittsburghnovartis nj jobsbms layoffscabela's coloradogeneral theming contractorsverizon stores rochester nyfios stockmedtronic tickeraccenture strategy jobsvirginia beach apple storesears savannah ga oglethorpe malldoes severance pay affect unemployment benefitshh gregg sanforddevry corporate officekohl's ontario californiacisco grade 12 salarynexen salaryamerican eagle outfitters companychase branches nyccaterpillar plant closingwww wsoctvpayless shoesource branchesatt store austin texassears hiring centernorthside hospital atlanta countydeciding who to layoffharris corporation lynchburg vadollar general hendersonville tnjobs at conocophillipswingspan advisorsbridgepoint education salariespa warn noticeswww carbonite comhanger orthopedicswyckoff hospital nykohls temeculacvs bensalemlowes hardware store hourswho owns the target corporationmagnusonhotels comhow to use jcpenney associate discount onlinedefenderdirect comhow many employees does jcpenney havegreenhills apple storebangalore layoff