Fri, 26/10/2012 - 09:00
News that Bertelsmann and Pearson are in talks to combine Random House and Penguin has attracted widespread media coverage today (26th October).
The Financial Times, which is owned by Pearson, has cited sources familiar with the situation...
Mon, 08/10/2012 - 08:15
Hachette Livre chairman Arnaud Nourry has predicted that worldwide consolidation of the publishing industry will continue, and said his company is interested in making acquisitions.
Meanwhile, the Observer has reported analyst...
Wed, 03/10/2012 - 10:42
John Fallon certainly has some big shoes to fill.
In her 16 years at the helm of Pearson, Marjorie Scardino transformed the education giant and Penguin-owner into the world’s biggest publisher and by its last full-year results in 2011, she had tripled revenue to around the £6bn mark, and profits to £942m.
Wed, 03/10/2012 - 09:56
The Bookseller's Catherine Neilan spoke to John Fallon in June 2009:
When John Fallon joined Pearson in 1997, the company was a very different beast from the one it is now. At the time of his arrival as communications director, the publisher owned a collection of relatively unrelated companies, including Lazards...
Tue, 22/11/2011 - 13:37
Academic publisher Pearson has bought Global Education and Technology Group (GETG) in a bid to expand further into China.
The company provides test preparation services for students in China who are learning English. Pearson will pay $155m in cash, valuing GETG at $294m but with the deal offset by $139m on GETG's balance sheet....
Tue, 09/08/2011 - 09:14
Pearson has bought German educational materials company Stark Holdings.
The company provides text preparation resources for pupils and teachers. It had sales of €20m for its most recent financial year and has gross assets estimated at €32.6m.
Pearson said the acquisition diversifies its German business and it expects...
Thu, 18/06/2009 - 16:09
When John Fallon joined Pearson in 1997, the company was a very different beast from the one it is now. At the time of his arrival as communications director, the publisher owned a collection of relatively unrelated companies, including Lazards Investment Bank, Pearson Television and Madame Tussauds. Pearson Education did not yet exist....
Wed, 15/04/2009 - 05:58
Pearson has paid $145m in cash for the China-based English-language provider Wall Street English. The deal makes Pearson China's second-largest private language training company by revenues, based on Pearson estimates, and takes Pearson's annual education sales in China (excluding Hong Kong) to more than $100m.
Launched in 2000,...
Wed, 10/12/2008 - 07:22
Pearson has acquired the Oslo-based online learning company Fronter in a bid to strengthen and expand its education business worldwide. Fronter, which was founded by Roger Larsen and Bjarne Hadland in 1998, provides a learning management system that offers more than 80 different
tools for secure online education "to learn whenever and...
Tue, 03/07/2007 - 08:45
The Office of Fair Trading has confirmed that Pearson has agreed to run Harcourt Education as a separate business until the conclusion of its investigation into the group's purchase of the education unit previously owned by Reed Elsevier. The Bookseller reported last week that Pearson had put its integration plans on ice following the...