Press Release: Houghton Mifflin Harcourt to Acquire Scholastic’s Educational Technology and Services Business for $575 Million
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"As HMH drives a learning transformation powered by technology, we believe the EdTech segment of Scholastic will strengthen our offering in both K-12 and other key growth areas, including digital intervention, early learning, consumer and professional development," commented Linda K. Zecher, HMH's President and Chief Executive Officer. "We believe that by diversifying our education portfolio, we will be taking an important step toward optimizing our growth while also enhancing our resiliency throughout economic and market cycles."
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- People:
- Houghton-Mifflin Harcourt
- Places:
- Boston
- United States
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