Archive for the ‘Online Education’ Category
China Distance Education Holdings Limited Files Annual Report on Form 20-F
Posted: March 5, 2012 at 4:18 pm
BEIJING, March 5, 2012 /PRNewswire-Asia-FirstCall/ -- China Distance Education Holdings Limited (NYSE: DL - News) ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, today announced that it has filed its annual report on Form 20-F for the fiscal year ended September 30, 2011 with the Securities and Exchange Commission. The annual report can be accessed on the Company's investor relations website at http://ir.cdeledu.com/ under the section titled "Financials - Annual Reports."
CDEL will provide a hard copy of its complete audited financial statements for the fiscal year ended September 30, 2011, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to our IR representatives stated below, or in writing to China Distance Education Holdings Limited, 18th Floor, Xueyuan International Tower, 1 Zhichun Road, Haidian District, Beijing China, 100083.
About China Distance Education Holdings Limited
China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. For further information, please visit http://ir.cdeledu.com/.
Contacts:
China Distance Education Holdings Limited
Lingling Kong, IR manager
Tel: +86-10-8231-9999 ext1805
Email: IR@cdeledu.com
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China Distance Education Holdings Limited Files Annual Report on Form 20-F
PLATO Learning Enters Into Agreement to Acquire Award-Winning Education Technology Company Archipelago Learning
Posted: at 4:18 pm
MINNEAPOLIS--(BUSINESS WIRE)--
PLATO Learning, a leading provider of online education solutions for kindergarten through adult learners, announced today it has entered into a definitive agreement to acquire Archipelago Learning (NASDAQ: ARCL - News), an award-winning software-as-a-service (SaaS) provider of supplemental education products. The acquisition enhances the comprehensive portfolio of education solutions that PLATO Learning provides to administrators, educators and learners. PLATO Learning is backed by leading middle market private equity firm Thoma Bravo, LLC.
Founded in 2000, Archipelago Learning products provide standard-based instruction, practice, assessment and productivity tools that improve the performance of educators and students in the United States, Canada and the United Kingdom.
Archipelago Learning is a true innovator in online, supplemental instruction. said Vin Riera, PLATO Learning chief executive officer. This acquisition allows us to cover the entire spectrum of learning needs from pre-k through post secondary; as well as reach a broader group of students and educators with a product portfolio that sets a rigorous standard in online education.
Tim McEwen, chairman, chief executive officer and president of Archipelago Learning said, This transaction is an excellent outcome for each of our constituents: the millions of students who use our products on a daily basis; the thousands of teachers who leverage our products to improve student performance and learning outcomes; and our shareholders, for whom this represents an attractive premium. PLATO Learning is an excellent partner for Archipelago Learning, with a strong presence in online core curriculum that is highly complementary to our online supplemental curriculum. With our combined financial strength and additional support from Thoma Bravo, we have the means to support our continued innovation and expansion to more comprehensively meet the needs of our customers.
Thoma Bravo has a long history of investing in and cultivating industry-leading software companies, and we are excited to bring together Archipelago Learning and PLATO Learning, two leaders in education technology, said Holden Spaht, a partner at Thoma Bravo. The acquisition of Archipelago will allow PLATO to offer a complete set of products and services to its customer base.
The transaction is subject to regulatory approval and is expected to close in the second quarter of 2012.
About PLATO Learning, Inc.
PLATO Learning is a leading provider of high-value, comprehensive education technology solutions with a focus on learner achievement leading to academic and career success. With more than 50 years of experience driving significant advances in the industry, PLATO offers a wide variety of innovative solutions spanning a multitude of program areas to facilitate 21st century teaching and learning. For more information on PLATO Learning, visit http://www.plato.com, like our Facebook page, or follow us on Twitter.
About Archipelago Learning, Inc.
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PLATO Learning Enters Into Agreement to Acquire Award-Winning Education Technology Company Archipelago Learning
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