Cambium Learning Group
Cambium Learning Group is an American technology company which creates computer software and hardware products serving students ranging from pre-kindergarten to adult; and enabling educators who help them learn. As of December 2018, it is owned by Veritas Capital, a New York-based private equity firm.[1]
Type | Private |
---|---|
NASDAQ: ABCD | |
Divisions | Learning A-Z Voyager Sopris Kurzweil ExploreLearning Cambium Assessment Kurzweil Education VKidz |
Website | www |
The company's business units are Learning A-Z, Voyager Sopris, ExploreLearning, Cambium Assessment, Kurzweil Education, and VKidz:[2]
- Learning A-Z – Personalized instructional tools for Pre K-6 education in reading, writing, science, and vocabulary.
- Voyager Sopris – Innovative, evidence-based instructional intervention solutions and teacher professional development services.
- ExploreLearning – Interactive online math and science simulations for education in grades 3–12.[3]
- Cambium Assessment – Statewide, district, and school level K-12 assessments.
- Kurzweil Education – Reading, study skill, and writing support software for learners and text-to-speech software for the blind/visually-impaired (grade 3-adult)
- VKidz – Curriculum and supplementary programs for homeschool families and elementary schools.
Cambium acquired Voyager Sopris Learning (formerly Voyager Learning Company) in December 2009.[4] Cambium Assessment (formerly AIR Assessment) was acquired in January 2020. [5] Kurzweil Education (formerly Kurzweil Educational Systems) was bought in April 2005. [6][7] 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.[8]
References
- https://www.businesswire.com/news/home/20181218005160/en/Veritas-Capital-Completes-Acquisition-Cambium-Learning-Group
- https://www.cambiumlearning.com/
- https://www.explorelearning.com/
- https://www.pehub.com/voyager-learning-completes-cambium-merger/
- https://www.businesswire.com/news/home/20200106005329/en/Cambium-Learning-Group-Completes-Acquisition-Assessment-Division
- https://www.bizjournals.com/boston/blog/mass-high-tech/2005/04/kurzweil-educational-systems-bought.html
- https://www.kurzweilai.net/kurzweil-educational-systems-acquired-by-cambium-learning
- "Cambium's $792 Million Acquisition of Rosetta Stone". Global Legal Chronicle. 3 September 2020. Retrieved 21 September 2020.
External links
- Cambium Learning Technologies website
- Voyager Sopris Learning website
- Kurzweil 3000 and 1000, grade 3 through adult literacy assistives
- Historical business data for Cambium Learning Group:
- SEC filings