Thread regarding Pearson PLC layoffs

Pearson in Talks to Sell Parts of TutorVista

Sell sell sell

In this week’s dealmaking news, Pearson is in the process of selling parts of its TutorVista to India-basted BYJU’s—and is also assessing the future of its U.S. K-12 courseware business. Also, private equity firm Gauge Capital has made a strategic investment in online course provider eDynamic Learning.

Pearson to Sell Parts of TutorVista to BYJU’s: India-based startup BYJU’s is in advanced talks to acquire parts of online tutoring company TutorVista from London-based publishing and education company Pearson, according to a report from The Economic Times.

The article cited two individuals aware of the deal, who noted that negotiations are in the final stages and include the online business of technology-enabled education solutions provider Edurite that was acquired by TutorVista in 2007.

Pearson initially acquired a minority stake in TutorVista in June 2009, then increased its ownership to a controlling 76 percent stake for $127 million in 2011, according to Pearson’s website.

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People in India should not buy books form or author books with Pearson Education India. Let them die a natural death in India.

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This rumor has been around for a while - we'll know soon enough.

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