Pearson Agrees to Purchase eCollege for $477 Million

The net cost to Pearson will be $477 million.

“eCollege will make Pearson an even stronger education company,” says Marjorie Scardino, Pearson’s chief executive. “It has been a valued partner for some years, and we have the highest regard for its people and their skills, and its commitment to servicing their education customers. The acquisition meets our financial goals and supports our strategy of combining content, technology and services to advance learning.”