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Cengage Completes Acquisition of Houghton Mifflin College Division, Expands Offerings
6/4/2008
Print and digital instruction and reference materials provider Cengage Learning announced Monday that it has completed its acquisition of Houghton Mifflin College Division (HM College). After announcing the agreement to acquire HM College in December, the company recently received the regulatory clearances required to close the deal.The HM College assets will significantly expand the range of materials Cengage Learning provides to students and faculty at two- and four-year institutions and will include textbooks, study guides, custom publications, and a range of digital solutions, according to the company.
"The acquisition of Houghton Mifflin's highly regarded College Division moves us closer to our goal of being the most respected and innovative source of teaching and learning solutions for the academic market," said Ronald Dunn, President and CEO of Cengage Learning, in a June 2 statement. "By combining the talents of the employees and authors of HM College with those of the people at Cengage Learning, we can make use of best practices in both organizations to significantly enhance the educational solutions and services we provide to our customers worldwide."
Cengage Learning provides customized learning solutions to education institutions, government organizations, and corporations around the world. The assets from HM College will be integrated into the company's Academic & Professional Group.
About the author: Chris Riedel is a freelance writer based in Illinois. He can be reached here.
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