The Thomson Corporation today announced a realignment of operations to sharpen its strategic focus
As part of the realignment, which becomes effective January 1, 2007, Thomson intends to sell its Thomson Learning businesses, including those serving the higher education, careers, library reference, corporate e-learning and e-testing markets.
Thomson has agreed to sell NETg, a leading provider of continuing corporate education and training, to Skillsoft PLC for approximately $285 million. The sale is expected to be completed in the second quarter of 2007.
Thomson is currently seeking buyers for Prometric, a global leader in assessment services, through a competitive bidding process.
The competitive bidding on Higher Education, Careers and Library Reference Sales is expected to commence in the first quarter of 2007.
Not only is education big business...but the support structure for big education is big. $285 million.
I have taken NETg classes online at one school where I work and found them to be quite user friendly. It seems Skillsoft PLC thinks there is a future in it, too.
What do you think?
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