Wednesday, August 15, 2012 6:43:50 PM
Quote from The Learning Tree website:
"In December, the company gave itself a Christmas present when it acquired Fremont, California-based The Learning Co. for nearly $606 million in a hostile outbidding of Broderbund Software Inc.'s offer for approximately $552 million. Broderbund--known for its "Where in the World is Carmen Sandiego?" line of products; the math-teaching program The Logical Journey of the Zoombinis; Kid Pix Studio, Math Workshop and Print Shop; and distribution of the hit game Myst--had previously been given the go-ahead for a merger with The Learning Co. in August, but the more lucrative offer from SoftKey caused the latter to give in to the hostile bid. The acquisition gave the company product lines focusing on the kids market, as Learning Co. was best known for its line of educational children's software, especially the Reader Rabbit (in which children travel with Reader Rabbit, Mat the Mouse, and Sam the Lion through "Letter Lands" containing "Skill Houses" where they learn phonics and words through games and activities, and "Storybooks" where they are taught new words and simple sentences) and Math Rabbit (a similar math adventure) series of learning games, and its Knoxville, Tennessee division's language education software for adults marketed under the "Learn to Speak" brand name."
What is the connection to SDVI & GRAFC? Anyone know? Is SDVI / GRAFC just a franchisee for the software?
GLTA
SDVI GRAFC
RR
Read more: http://www.answers.com/topic/the-learning-company#ixzz23eoNrocP
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