Inside the Australian and New Zealand book industry

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Pearson acquires EmbanetCompass

Pearson has announced it has acquired online learning services company EmbanetCompass for US$650 million (approximately A$633 million). In a statement, the publisher said the acquisition built on Pearson’s ‘leading position in the fast-growing online educational services market’. It said that Embanet Compass was expected to achieve revenues of US$130 million...

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Category: International news