Cambium Learning Group
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| Company type | Private |
|---|---|
| Nasdaq: ABCD | |
| Divisions | Learning A-Z Lexia Learning Voyager Sopris Kurzweil ExploreLearning Cambium Assessment Kurzweil Education VKidz |
Cambium Learning Group is an American technology company which creates computer software and hardware products serving students ranging from pre-kindergarten to adult. As of December 2018, it is owned by Veritas Capital, a New York-based private equity firm.[1]
The company's business units are named Learning A-Z, Lexia Learning, Voyager Sopris, ExploreLearning, Cambium Assessment, Kurzweil Education, and VKidz:[2]
Cambium acquired Voyager Sopris Learning (formerly Voyager Learning Company) in December 2009.[3] Cambium Assessment (formerly AIR Assessment) was acquired in January 2020.[4] Kurzweil Education (formerly Kurzweil Educational Systems) was bought in April 2005.[5][6] VKidz was acquired in December 2018.[1]
In September 2020, in an all-cash deal, Cambium bought Rosetta Stone with an equity valuation of approximately $792 million. The acquisition would broaden Cambium's immersive learning services for students, administrators and individuals.[7]
References
- ^ a b "Veritas Capital Completes Acquisition of Cambium Learning Group". www.businesswire.com. 2018-12-18. Retrieved 2021-09-07.
- ^ "Home | Cambium Learning Group". www.cambiumlearning.com. Retrieved 2021-09-07.
- ^ Staff, PE Hub (2009-12-09). "Voyager Learning Completes Cambium Merger". PE Hub. Retrieved 2021-09-07.
- ^ "Cambium Learning Group Completes Its Acquisition of Assessment Division of the American Institutes for Research". www.businesswire.com. 2020-01-06. Retrieved 2021-09-07.
- ^ "Kurzweil Educational Systems bought by Natick's Cambium". www.bizjournals.com. Retrieved 2021-09-07.
- ^ "Kurzweil Educational Systems acquired by Cambium Learning « Kurzweil". Archived from the original on 2013-04-14. Retrieved 2021-09-07.
- ^ "Cambium's $792 Million Acquisition of Rosetta Stone". Global Legal Chronicle. 3 September 2020. Retrieved 21 September 2020.
External links
- Historical business data for Cambium Learning Group:
- SEC filings
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- Educational publishing companies of the United States
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