Educomp Solutions invests in Learning.com
Investments May 20th, 2008
Educomp Solutions invests in Learning.com
Educomp Solutions has announced that they have invested in Learning.com to acquire a 51% stake in the US based portal.
The deal is worth around $24.5 million.
Educomp said that the capital has been used to purchase the existing shares as well as an infusion of new capital into the company.
The company services close to around 4 million learners and educators across nations including India and Singapore.
Educomp have offices currently in India, USA, Canada, Sri Lanka and Singapore.
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Tags: canada, Educomp Solutions, India, Investments, Learning.com, Singapore, sri lanka, USA
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