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Heard: Cambium buys Class.com for $4.5 million – Dallas Business Journal

 

Image by <a href="http://www.flickr.com/photos/44992294@N05/5090426332" data-mce-href="http://www.flickr.com/photos/44992294@N05/5090426332">Tatcher a Hainu</a> via Flickr

Cambium, it's the tissue in plants that transports nutrients around, it's also the name of an education company. Get it?

Image by Tatcher a Hainu via Flickr

 

Dallas-based education company Cambium Learning Group is buying online learning firm Class.com for $4.5 million, the companies announced Thursday.

via Cambium buys Class.com for $4.5 million – Dallas Business Journal.

The Associated Press and Bloomberg BusinessWeek report that Dallas-based Cambium CEO Ron Klausner says the deal for Lincoln, Neb.,-based Class.com should close in October and will help his company expand in the high school market.

Class.com develops tools and curriculum to help deliver online courses for students in junior high and high school. It has about 30 employees who design and teach the courses.

To read more: http://www.businessweek.com/ap/financialnews/D9PTL1KG0.htm



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