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May 16, 2012 08:32 pm GMT
Pearson, the educational publisher,today made a move to beef up its international professional IT testing business: it announced that it is buying Certiport, a developer, marketer and distributor of certification exams and practice tests for IT and digital literacy skills,for $140 million in cash from the private equity firmSpire Capital Partners.The deal will give Pearson's VUE unit, where Certiport will sit, much further reach into the retail distribution of testing services in markets outside of the U.S. and UK: Certiport currently sells its certifications and assessments through a network of 12,000 testing centers operated by 70 partners in 150 countries, serving the range of skills in the world of IT. In all, it delivers 225,000 exams in 27 languages every month, andgenerated revenues of $48 million in 2011.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/AseHbQlQf_Y/
Pearson Buys Certiport For $140M To Beef Up Its IT Testing Business Globally
Pearson, the educational publisher,today made a move to beef up its international professional IT testing business: it announced that it is buying Certiport, a developer, marketer and distributor of certification exams and practice tests for IT and digital literacy skills,for $140 million in cash from the private equity firmSpire Capital Partners.The deal will give Pearson's VUE unit, where Certiport will sit, much further reach into the retail distribution of testing services in markets outside of the U.S. and UK: Certiport currently sells its certifications and assessments through a network of 12,000 testing centers operated by 70 partners in 150 countries, serving the range of skills in the world of IT. In all, it delivers 225,000 exams in 27 languages every month, andgenerated revenues of $48 million in 2011.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/AseHbQlQf_Y/
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