Another Wall Street’s Transaction in Higher Ed: Ellucian Sold to Two Equity Funds

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IBL News | New York Private equity funds Blackstone (NYSE: BX) and Vista Equity Partners announced yesterday their acquisition of Ellucian, owned by financial companies TPG Capital and Leonard Green & Partners. The transaction amount was not disclosed. ERP software and SIS provider Ellucian ...

WordPress Owner Company Buys Journaling App Day One

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IBL News | New York Automattic Inc, the company behind WordPress and Tumblr, expanded its offer of writing platforms with the purchase of the popular iOS and macOS journaling app Day One. The terms of the transaction were not disclosed. The announcement was issued by Day One’s Founder and CEO, ...

Corporate Training Startup Skillsoft Debuts in the NYSE with a Drop of 1.4%

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IBL News | New York Skillsoft (NYSE: SKIL) debuted today trading in the market with a drop of 1.4%, closing at $10.60 per share. The stock opened at $10.90, and it reached low pricing of $10.50. Market capitalization closed at $914 million. The company is owned by a SPAC (special purpose ...

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Chinese Public Companies Lost Billions in Market Cap Because of Deceptive Marketing

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IBL News | New York Chinese public education companies are losing billions in the U.S. stock market this year due to their deceptive marketing and the penalties received. A ClassCentral.com report this month states that five companies lost a combined $10 billion in market value in the NYSE since ...

The New Skillsoft and Global Knowledge Merged Company Starts in the NYSE

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IBL News | New York The new Skillsoft Corp will be listed on the NYSE (New York Stock Exchange), with the ticker “SKIL“, this Monday, June 14. This company is the result of the purchase of the IT skills development firm Global Knowledge by Skillsoft and ...

Universities with Full Vaccinated People Can Return to Person Learning

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IBL News | New York The CDC — the U.S. Centers for Disease Control and Prevention — updated this week its COVID-19 guidance and announced that universities and colleges with fully vaccinated students, faculty, and staff can return to in-person learning, ...

The U.S. Falls Sharply in Digital Skills, Ranking 29th Globally

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IBL News | New York Coursera.org (NYSE: COUR) yesterday introduced its third annual Global Skills Report, which drew data on proficiency in 100 countries and revealed the top skills needed along with the learning hours required to develop them. The study found that the digital skills gap in the ...

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MIT Ranked the World’s Best University for the 10th Year by QS

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IBL News | New York London-based QS World University Rankings released yesterday its eighteenth edition placing MIT at the world’s best university for the 10th straight year. The top five universities experience a significant reconfiguration: Harvard ...

EdX Extends Its Free Catalog of 100 Selected Courses for Universities Until June 2021

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IBL News | New York edX.org announced this month the extension until June 2022 of its Online Campus Essentials initiative, a free solution for colleges and universities facing resource and technology constraints in the wake of the COVID-19 global health crisis. This offering, part of the edX ...

Bayer Will Use Degreed as Workforce Development Platform

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Founded in 2012, and headquartered in Pleasanton, California, workforce upskilling platform Degreed claims to serve one in three Fortune 50 companies. The pandemic and the need for organizations to upskill and reskill workforces has propelled the growth of Degreed. According to Gartner, eight in ten workers don’t ...