In a deal announced yesterday Ingram Content Group has acquired the CourseSmart educational content partnership that was formed almost ten years ago by Pearson Cengage Wiley and O'Reilly. Here is their press release:
Vital Source Technologies, Inc.,
Ingram Content Group’s global leader in building, enhancing and
delivering e-learning content, today announced that it has acquired the
assets of CourseSmart, a leading provider of digital textbooks in the
higher education market.
“We are pleased to make another investment in higher education and
technology with the acquisition of CourseSmart,” said John Ingram,
Chairman and CEO, Ingram Content Group. “By integrating the strengths of
CourseSmart with Vital Source, we are creating an extensive global
sales channel for publishers and bringing the best in digital learning
technology and accessibility to the higher education community. We are
strengthening our services in the higher education market and
reinforcing our commitment to helping publishers, institutions,
educators and students navigate the evolving landscape of digital
learning and succeed by providing them with content in any format.”
CourseSmart’s strengths in inventory, instructor sampling and analytics
will be integrated with Vital Source’s reader platform and global,
scalable distribution network. By combining the two organizations, Vital
Source will offer the world’s largest digital content catalog and
provide better digital content solutions for the higher education
community.
"CourseSmart was founded by member publishers to improve the
distribution of digital learning materials in higher education,” said
Will Ethridge, Chairman of CourseSmart. “Since its founding,
CourseSmart's innovative services have led the company to become a
leading higher education platform for institutions, professors and
students to discover, adopt and purchase course materials. By becoming
one company, CourseSmart and Vital Source will be able to further
accelerate the adoption of digital learning materials to these
audiences, while providing more effective distribution and customer
relationships for authors and publishers as well."
CourseSmart was founded in 2007 by Macmillan, Cengage Learning, John
Wiley & Sons, McGraw-Hill Education and Pearson with a simple goal
of providing instructors a better textbook evaluation service. The
company has since expanded to become a leader in providing digital
learning content to the higher education community. CourseSmart has
millions of users around the world and offers access to over 90 percent
of core higher education titles as e-textbooks along with the largest
catalog of e-resources and digital course materials.
“We have worked with Vital Source and CourseSmart, and both companies
have added value to our digital learning environment, supporting our
unique, competency-based learning model,” said Dr. Robert Mendenhall,
President, Western Governors University. “We are encouraged by Ingram’s
increased investment in higher education, and we expect the combination
of CourseSmart and Vital Source to expand the availability and
distribution of digital course materials and curriculums to
institutions.”
The company will offer a best-in-class digital content platform and
will be committed to pioneering new technologies in areas like
accessibility and analytics. It will provide more options for
institutions, more inventory for faculty and course designers, and
greater scalability for content creators and resellers.